Phantom Profits, Financial Derivatives, and the Rise of Credit/Debt ultimately benefits a specific class – we can see where this policy leads.
Even economists are beginning to wake up to this wealth transfer and zombie corporations.
Phantom Profits, Financial Derivatives, and the Rise of Credit/Debt ultimately benefits a specific class – we can see where this policy leads.
Even economists are beginning to wake up to this wealth transfer and zombie corporations.
It took a few months, but the Fed’s mouth-to-mouth resuscitation brought gasping investment banks and hedge funds and giant corporations back to life. Wall Street rejoiced.
But the Fed’s academic models never addressed one basic question: What happens to everyone else?
Public announcements claim Tarullo’s exit is no major surprise, although his term as governor would not have expired until the end of 2022!
Lost Trust has many consequences…
SILVER (Ag) is AMAZING!