To continue on the economy theme – what do you think is being done to cure world business of what is looking like the monetary version of Aids, all stemming from, as we saw in the previous post, greed? Well, more greed is being encouraged.
The Fed is looking to flood the markets with liquidity – cash flow – so that people start buying again, whether they can afford it or not, notwithstanding. All countries pegged to the dollar have no choice but to follow suit. To kill a greed disease with more greed. Now that’s capitalism for you.
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