The 1-month Libor and Effective Fed Funds Rate gives us a clue...
Subscribe to:
Post Comments (Atom)
Stagflation Part 11: The Intervention Ecosystem Behind Moody's and Fitch's Banking Warnings
This is the same mentality that drives every sovereign debt crisis. Governments become disconnected from the source of their funding. T...
-
Massive money printing and debt accumulation have gone on for something like 80 years, and the system has held together. Why should it end... -
GDP is the most common out-of-context stat used by governments to convince the citizenry that all is well. It is yet another stat that is... -
Governments resist austerity. Politicians buy votes with spending. But because they do not control their domestic currency systems in Euro...
No comments:
Post a Comment