The Japanese government has kept unprofitably invested capital in place with fiscal and monetary stimulus as well as central bank policy that continues to keep bad debt frozen on the books of zombie banks.
The Japanese government has kept unprofitably invested capital in place with fiscal and monetary stimulus as well as central bank policy that continues to keep bad debt frozen on the books of zombie banks.
And Ronnie doesn't care.
Man up.
Buy the book now on Amazon.com. Or listen to Ronnie tell a story at escaping-from-reality.com.
A remarkable confluence of recent events has brought unprecedented but very welcome attention to both U.S. monetary policy and the global political economy in general. First, Federal Reserve Board Chairman Ben Bernanke recently announced that the Fed would embark upon another round of monetary easing by purchasing $600 billion worth of U.S. Treasury debt....
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Man up.
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The U.S. economy is a dead man walkingâ€â€a zombie on life support. If we don’t bite the proverbial bullet and go through a painful cleansing, a healing period of deflation, the ultimate price we pay will be even worse.
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Man up.
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Fed chairman Ben Bernanke apparently is misled by fictionalized versions of two economic models: Franklin Roosevelt’s New Deal Keynesianism and Japan’s deflation and economic stagnation. Mr. Bernanke reads New Deal economic history with blinders firmly affixed to narrow the breadth of his vision. In the face of overwhelming evidence to the contrary, he holds...
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Federal Reserve chairman Ben Bernanke is a devotee of Keynesian economics, which is to say that he is incapable of learning from experience. Either he can’t comprehend that the Fed’s excessive fiat money creation always precedes bubbles of economic exuberance, or he insanely proposes to continue repeating the Fed’s cheap money policies, ever hopeful...
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Man up.
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Prohibition News Economic Collapse Blog Pacific News Feed
Right.
Man up.
Buy the book now on Amazon.com. Or listen to Ronnie tell a story at escaping-from-reality.com.