Jumat, 16 Desember 2011

Jim Willie CB: Pathogenesis of Central Bank Ruin

From Goldseek.com DECEMBER 15, 2011
By Jim Willie CB, editor of the “HAT TRICK LETTER”


Central banks are the current sovereign debt market. It is a vacated market. They are the majority bidders via debt monetization. The monetary inflation has become the New Normal and a travesty. In perverse fashion, the financial markets celebrate the monetized purchases, even calling for higher volume. In
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