Monday, June 20, 2016

"We Have Reached The Point That Keynes 
Warned Of In His General Theory"
Bloomberg's Christopher Maloney suggests that none other than Keynes predicted just the "dead end" outcome that the world finds itself in right now .. "We have arguably reached the point that Keynes warned of in his General Theory where demand for money and credit to satisfy what he labeled 'non-speculative' motives has been more than satisfied; which brings us to this week’s money supply report .. At this point it is likely central bankers are 'pushing on a string,' positively affecting prices for the financial markets’ flavor of the month but doing nothing for actual economic activity."
LINK HERE to the article

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