Protecting the US Dollar and Watching the Federal Reserve
When all you can do is cry and sit on your hands - since no-one is actually trading given today's volumes - here is some Monday Mirth. Comedian Dominic Frisby explains the Debt Bomb in all its 'global financial crisis stripped bare' beauty: "mal-investment, oooh you turn me on."
(h/t frizzers)
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The Sound Money Institute is and educational organization dedicated to the stability and soundness of the United States Dollar. Faced with unprecedented pressure to spend beyond its means the United States Government has pressured the Federal Reserve Bank to monetize the debt or in other words they are printing currency to fund deficit spending by the US Treasury.
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