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Whatever It Takes……….Wasn’t Enough
06-19-2016, 05:57 AM,
#1
Whatever It Takes……….Wasn’t Enough
Whatever It Takes……….Wasn’t Enough

Credit booms are powerfully reinforcing. New Credit provides additional purchasing power that spurs spending, economic output, corporate earnings/cash-flow and income growth. Monetary expansions, as well, fuel inflating asset prices, most notably in securities and real estate. In both the Financial Sphere and the Real Economy Sphere, Credit expansion and its myriad inflationary effects beget more…


http://davidstockmanscontracorner.com/wh...nt-enough/
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