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Pumping It Up | NWOTruth

According to Mish, “If one woodenly sticks to the view that inflation and deflation are about prices (while ignoring a devastating collapse in housing), then yes, the US is still in a period of inflation. Likewise, if one foolishly sticks to measures of money supply like M1, M2,.. … In his teachings, Hyman Minsky discussed how Ponzi finance and financial instability distort asset prices and financial markets. With the Fed's incessant QE-Infinity (money printing) practices, our …

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Pumping It Up | NWOTruth

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