What ‘Escape Velocity’? December Business Sales And Inventories Repudiate The Money Printers’ Myth

It is plain as day that massive central bank money printing and perpetual ZIRP do not rejuvenate the main street economy under conditions of “peak debt”. And the reason is so obvious that only Keynesian economists can’t grasp it. To wit, if the balance sheets of households and businesses are tapped out—–then artificially suppressing interest rates cannot induce […]
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