How Central Bankers Attempt to “Cure” Insolvency

http://dailyreckoning.com/how-central-bankers-attempt-to-cure-insolvency/

Bankrupt governments usually default…at least they used to. In the modern era of faith-based currencies and Ivy League educated central bankers, bailouts and shell games are the cogs and wheels that drive the global monetary machinery. But this machinery does not actually power anything…other than a massive fraud. It merely sputters along, chugging out massive plumes of toxic theories and misguided manipulations.

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