Why the Bailout Cannot Solve a Thing: Nobody Is Blaming the Right Culprit [View article]
Basic math dictates that if interest rates are set lower than inflation, asset values will skyrocket, towards infinity, until something eventually gives. Regulation or not, it is a single-parameter problem: Interest Rates.
Why the Bailout Cannot Solve a Thing: Nobody Is Blaming the Right Culprit [View article]