Monetization

A daily dose of realism from Inflation.us; China dumping American T-bills, the Fed’s predictions for slower recovery requiring more stimulus and more monetization of the debt, foreclosures, etc.  Keep in mind that the entire stated purpose of the Federal Reserve System is to set monetary policy to ensure economic stability.  The same formula as the … Read more The Federal Reserve Manages The Decline (And It Does Not Have To Be This Way)