ITOT - Blame The Fed For The Plight Of The Average American
What is the most important price in the economy?
In my estimation, it can only be the price of money itself. The price of borrowed money affects everyone in some way or another. At the current point in history, a handful of actors (the central banks) wield control over this price, either directly or indirectly, in every developed country on the planet as well as many developing countries. For many decades now, this oligopoly has engaged in an unprecedented price-fixing scheme that has had profound effects on the global economy. Using their academic models,