Saturday, November 28, 2020

Tag: Loose Money

UN Report Cites Central Bank Liquidity Bubbles, Loose Money, Debt Expansion

by Mish Shedlock, The Maven:

A UN report has everything wrong as to the cause of current problems. Yet, the report mentions central bank liquidity.

Seldom does one see a report that “debt is the problem” while being 180 degrees wrong as to the cause of the buildup in debt.

The United Nations’ Trade and Development Report for 2018 blames the “Free Trade Delusion” for what ails the word.