Ben Bernanke’s zero-interest rate policy (ZIRP) and command-economy efforts to maintain mispricing of risk, debt and assets are destroying capital and capitalism. No wonder his policies have failed so miserably.
To understand why Federal Reserve C…
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3 D’s: Delegitimization, Definancialization, Deglobalization
by Bears Chat at The Wall Street Examiner • • 0 Comments
Two major trends are reversing, and trust in centralized institutions is eroding.
I tend to be years early on identifying trends, but three that will make a difference going forward are what I call “The Three Ds”: Delegitimization, Definancializat…
