The Undollar Digest

Thoughts on the Crisis of Capitalism

Doug Noland 01/20/2012 www.prudentbear.com

“I am convinced that a capitalistic system must have a monetary anchor to be sustainable…It is the pricing mechanism within the  financial sphere that has become so badly out of whack to the point of  posing dire risk to global Capitalism.”
“Policymakers have repeatedly responded to dysfunction and inevitable booms-turned-bust with unprecedented market [...]


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