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Penny’s Funeral: How Easy Money Broke the Dollar
Summary by goldseek.com
3 Articles
3 Articles
Penny’s Funeral: How Easy Money Broke the Dollar | Headline USA
(Money Metals News Service) In this week’s episode of Money Metals’ Midweek Memo podcast, host Mike Maharrey argues that decades of artificially low interest rates and nearly $9 trillion in quantitative easing, combined with 713% CPI inflation since 1970, have warped investors’ sense of what is “normal.” He says these policies have produced a debt-addicted bubble economy and destroyed the real value of small denominations like the now-dead penny…
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