The Feds have one button - inflation. All they need do to curtail this mess is stay away from it. History however shows that when the only tool you have is a hammer, the world's a nail. Commodities are as out of control as our Federal Reserve. The multi-trillion dollar question is "do they get it?" If so, deflation, an unlikely hero, saves the day to restore the greenback before it's rolled and dispensed in rest rooms.
-
The Feds have one button - inflation. All they need do to curtail this mess is stay away from it. History however shows that when the only tool you have is a hammer, the world's a nail. Commodities are as out of control as our Federal Reserve. The multi-trillion dollar question is "do they get it?" If so, deflation, an unlikely hero, saves the day to restore the greenback before it's rolled and dispensed in rest rooms.
Jul 10 12:33 pm
|Rating:
0
0
All Comments by David Roskoph »Many Banks Will Eventually Fail [View article]