Although banks sit in oceans of excess reserves, it is highly probable that they will remain where they are. Currently, there is a dam in place preventing excess reserves from finding their way into the financial system, creating money, creating debt, creating inflation. Obviously it is a matter o…

Inflation might not be coming after all

Caley_McKibbin April 29, 2010, 11:54pm 21

“Consumer confidence” is more or less a chimera.

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