Currency Genocide Inward

By |2015-04-21T15:30:40-04:00April 21st, 2015|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Yesterday brought on an exposition on the death of currency, but it was only one dimension in that process. Owing to the orientation of monetary policy, especially under QE conditions, most attention is focused outward from short to long. The irreconcilably truth, as I put it, is that destroying time value amounts to depressing financial participation. Today we are very [...]