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Are We Headed Towards a Monetary Breakdown? | Jeff Snider

Hidden Forces

CHAPTER

Quantitative Easing Is an External Attempt at Trying to Influence Behavior

The Walter Badger doctrine broke down because of all the complexities of this external world spanning reserveless currency system. The 2008 crisis was not a one off event, it represented a paradigm shift in the inner workings of that Eurodollar system. And no matter what the Federal Reserve tries, it can't get the horses back in the barn again.

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