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Bullion Star/Ronan Manly/12-13-2021
“Each of these central bank decision making bodies also knows that they are now in unchartered territory and that they have painted themselves into corners with unprecedented asset purchases and historically low interest rates (and negative real interest rates), which they cannot reverse without detonating the asset bubbles which they these same central banks have created.”
USAGOLD note: Every once in a while, someone coins a phrase that rings so true it forever sticks in the mind. Such is “You can’t taper a Ponzi” – first posted by the Bitcoin Maximalist on Twitter on December 13, 2021, and referenced in the article linked above by Bullion Star’s Ronan Manly.
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