Kamis, 09 Februari 2012

Jim Willie CB: The High Cost of 0% Rate



From GoldSeek.com, 8 February 2012

By: Jim Willie CB, GoldenJackass.Com 

The interminable extension by the US Federal Reserve on the 0% rate into 2014 represents history in the making. It is the adoption of pure heresy in monetary policy, making it mainstream. Worse, it forces foreign central banks to adopt the same destructive policy in the Competing Currency War. Once upon a time, the
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