
IPFS News Link • Economy - Economics USA
Why the IMF Meetings Failed
• lewrockwell.comAnd the Coming Capital Controls
“Coming events cast their shadows forward.” ~ Goethe
What is to stop U.S. banks and their customers from creating $1 trillion, $10 trillion or even $50 trillion on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale, in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1% interest cost? This is the game that is being played today.