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Tuesday, August 26, 2014

Print Less but Transfer More

http://m.foreignaffairs.com/articles/141847/mark-blyth-and-eric-lonergan/print-less-but-transfer-more


Most economists agree that the global economy is stagnating and that governments need to stimulate growth, but lowering interest rates still further could spur a damaging cycle of booms and busts. Instead, central banks should hand consumers cash directly.


Meanwhile insiders are scooping up all the PM's at rock bottom prices.   The definition of deflation is purchasing power increasing, which isn't happening and WILL NOT happen with chopper drops of cash.
Trust the bankers at your own peril.



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