Central Bankers At Work: Money Dies In Japan, Markets Chaotic In Europe

The global credit markets are unified in their total revulsion of current conditions, a proper reflection of monetarism as a theory and how its distortions create the circumstances for nothing but continued and worsening function thereafter. The preponderance of screwed up finance and curves tells you everything you need to know about “unexpected” economic retrenching. Unfortunately, there is proportionality here as well, since the more screwed up these financial indications become the more we can expect the same about the economy.
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