Thank you for posting this very thorough description of the trap that central bank low interest rate policies have created.

Dr Keith Weiner has some very lucid and compelling arguments as to the fundamental reason the Fed is compelled to pursue such policies. Here is one of his recent pieces; an open letter to a prominent think tank concerning the issue of Trump’s contentious nominee to the Fed (scroll down the page linked past the technical analysis to find the open letter).

Dr Steven Keen’s modern private debt jubilee proposals argue that such a jubilee would help reset the general economy including helping to purge zombie corporate debt levels in a more orderly fashion then just letting the “boil fester”.

SGI Buddhist, Loves Irish and Latin American Literature, History buff, knows a great deal about Medicare

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