Debt Rattle March 20 2016
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NPC Kidwell’s Market on Pennsylvania Avenue, Washington DC 1920 • World Is ‘Overloaded On Monetary Policy’, Says OECD (Tel.) • Central Banks Are Alrea
[See the full post at: Debt Rattle March 20 2016]““Monetary policy can never – repeat, never – ‘run out of ammunition’”, he says.”
Case closed. Get “Real” or get reamed.
Depends what you mean by “run out”. Sure, we can always print digits and hand them to our friends, just like Hungary, Germany, Zimbabwe, Argentina…
The world is finite. Credibility is finite. Even human stupidity is finite. You can’t run an infinite monetary system in a finite world. The world wins.
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