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TYO - Unintended Consequences Of Monetary Inflation
Direxion Daily 10-Yr Treasury Bear 3x Shrs
"In short, the Fed is committed to rescue businesses from the greatest economic catastrophe since the great depression and probably even greater than that, to fund the US Government's rocketing budget deficits, fund the maintenance of domestic consumption directly or indirectly through the US Treasury, while pumping up financial markets to achieve these objectives and preserve the illusion of national wealth.
"Clearly, we stand on the threshold of an unprecedented monetary expansion."
Introduction
President Reagan memorably said that the nine words you don't want to hear are "I'm from the government and I'm here to