Volcker’s Petrodollar Bigfoot; Or Why Curves Today Are So Against The Fed And Its Rate Hikes
One of the biggest intellectual crimes of the Volcker Myth is how it quashed what likely would have been fruitful (in my opinion) further examination into the monetary designs of the actual global reserve system. People today still whisper about some secret oil-soaked deal which saw UST’s end up in the hands of Arabia’s Saudis, as if this was something [...]
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