Free Money Dumped From Helicopters __ An Idea That Won’t Go Away

{I}n a country (and world) drowning with debt, there are only two options to extinguish said debt: inflate it away or default. Anything else is kicking the can while making the problem even worse. Zero Hedge It was none other than the renowned free market capitalist, Milton Friedman, who first postulated the idea that the […]

Read more "Free Money Dumped From Helicopters __ An Idea That Won’t Go Away"

Reserve Currencies Come and Reserve Currencies Go. The Dollar Too Will Go!

Reserve currencies don’t remain reserve currencies forever. This fact is clearly demonstrated by this graph attributed to J. P. Morgan, which,  I snagged from the Global Economic Warfare blog.     The so-called developed nations agreed in 1971 that the U.S. Dollar would become the primary reserve currency and most world commerce, as a result, […]

Read more "Reserve Currencies Come and Reserve Currencies Go. The Dollar Too Will Go!"