“This cycle of entrenched interests protecting their skims and scams via central bank monetary policy is self-liquidating: every nation that pursues this “fix” will find its economy liquidated by financial implosion and the hollowing out of productive sectors to support crony-capitalist unproductive sectors.” – Charles Hugh Smith
link to article
“Central Bank Monetary Policy Enables Us to Put Off Real Reforms”
September 4, 2014
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