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Getting to a Special State of Ugly
The world, circa 2019, is a fabricated reality. Debt, piled upon debt, piled upon debt, ad infinitum, has erected a financial order that’s at perilous odds with the underlying economy. Central bankers attempt to manipulate fake money and fake foreign exchange rates to keep the debt pile from cascading down. Continue reading
Posted in Inflation, MN Gordon
Tagged business cycle, central planning, currency manipulator, federal reserve, people's bank of china
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