Henry Morganthau Jr., said in 1939:
Never in the history of the world has there been a situation so bad that the government can’t make it worse
Greenspan started this calamitous monetary expansion to bail out US Inc and banks from the tech wreck in 2000,as revealed in the chart of the price of gold below. Bernanke continued the stimulus and Darling/Osbourne, Trichet et had no choice but to follow.
The Japanese has had thrown vast amounts of stimulus money at the economy since 1990 to little or no effect and all they got was more debt
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