The Federal Reserve has really caught on to the way things work in Washington. You say you won’t do something, then you do it anyway, with all the confidence that no one, especially the media, will call you on it.
No one, except Karl Denninger at The Market Ticker.
Karl brings the whole monetizing of the debt to light. It is the economic shell game that is the leading indicator of not just inflation, but hyper-inflation.
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