The fed is planning moves that would more than double its balance-sheet assets by September to $4.5 trillion from $1.9 trillion. Whether expressing approval or concern over the fed’s intentions, most commentators fail to understand the real magnitude of the projected expansion of the US monetary base because they don’t take into account the amount of dollars circulating abroad.
You May Like
-
17 years ago
Are Vampire Capitalists About to Descend on Myanmar?
-
17 years ago
How Bush’s Grandfather Helped Hitler’s Rise to Power