Inflation and the Hierarchy of Needs [View article]
"The role of government is to bailout black swans. Again, the Fed’s policy is to remove any obstacles to asset inflation."
The government will bailed out banking sectors when they cause one of the serious financial crisis in the modern era and the Fed then help removal of obstacles i.e pump up the stocks price so that Goldman Sach and JP Morgan can benefit.
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"The role of government is to bailout black swans. Again, the Fed’s policy is to remove any obstacles to asset inflation."
Oct 19 09:35 am
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All Comments by damienhaas »Inflation and the Hierarchy of Needs [View article]
The government will bailed out banking sectors when they cause one of the serious financial crisis in the modern era and the Fed then help removal of obstacles i.e pump up the stocks price so that Goldman Sach and JP Morgan can benefit.