Wednesday, April 05, 2006

Monetisation versus Growth

http://www.moneyweek.com/file/9347/is-the-us-facing-another-great-depression.html

An article from Dr Kurt Richebächer that discusses some of the issues associated with the extraordinary monetary expansion the US has experienced in this decade; how it is similar to that of the 1920's, and how it is not "growth".
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