Poisoned Pennies
Artificially low interest rates are a problem in themselves. They distort the real cost of capital, tempting people to borrow too much money. Debt increases... leading to a debt crisis of some sort.
Thursday, April 4th, 2024
Bill Bonner, reckoning today from Dublin, Ireland...
What a delight!
A presidential candidate — neither Democrat nor Republican — who has begun to address the important issue…