The Undollar Digest

Recession of Diminishing Marginal Returns

Martin Hutchinson 06/25/2012 www.prudentbear.com

“If Bernanke’s billions cannot produce a market bounce that lasts even two hours, the curtain in the Emerald City has finally been drawn away and the feeble magician has been shown up as the charlatan he is.”
Since 2008, economic policies throughout the rich world have boiled down to one word: stimulus. Interest rates [...]


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