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April 7, 2011

Fiat Currencies Trade at Discounts to Par Corollary 2-Central Bankers Behaving Like Naughty Children

The other day, I alluded to the analogy that central bankers are like naughty children; – they go the goal -posts after a shot at goal has already been taken. Here, I’ll explore the implications of this, and inquiry: could a period of ‘scarcity of money’ occur before debauched monetary policies have the platform to capture hold?
Tags: | exercise | parenting | link building |

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