It Takes Inflation to Make a Bubble

October 15th, 2012 → 5:32 pm @

Welcome to the World of Too-Big-To-Fail-Bailouts, Ballooning Sovereign Debt Bubbles, and the Big Bang Theory of Fiat Currency The Debt Bubble had burst, and suddenly the US Taxpayer was going to have to pony-up and bail out the banks. The public was told that it was their fault for living so far beyond their means and buying things they could not afford. They were informed that it was poor performance by borrowers that had been the cause of the dilemma. They were told that it was going to be the-end-of-the-world-as-we know- it scenario, if the financial institutions were not propped
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