The liquidity injections tell you everything you don't want to know. We're insolvent and our holographic fiat currency is propping us all up at the expense of the poor. We''re predatory around oil countries (Libya and Iran), and I say morally bankrupt. The full story is over at the Financial Times.
The comments below the article refuse to ask the 64 cent question.
How much keyboard tap money can the fiat currency/federal reserve/central banking model take?
We're going to find out.
The comments below the article refuse to ask the 64 cent question.
How much keyboard tap money can the fiat currency/federal reserve/central banking model take?
We're going to find out.