Devaluation and a Chinese Warning Shot
Mar 30th, 2009 | By Bill Jenkins | Category: Featured, Macro Economics
Devaluation has begun. Two weeks ago the Federal Reserve announced its intentions to start “quantitative easing.” Quantitative easing is the "new" term given by officials to printing money. We know it as inflating the money supply. It is also called "increasing liquidity.” Essentially, the government will create money and distribute ...read more

