![Reportedly, The Federal Reserve has already begun monetizing the US Treasury’s debt:
“The speed of the shell game is accelerating.”
Chris Martenson (via Karl Denninger and Robert Murphy)
What’s the term for making promises you know you cannot keep? These days, it’s apparently about 7 years at 3 1/4%.
[photo source]](http://www.tumblr.com/photo/1280/fiatch/160949785/1/Anhohk1sar0zca7cxTDiXLuy)
Reportedly, The Federal Reserve has already begun monetizing the US Treasury’s debt:
“The speed of the shell game is accelerating.”
Chris Martenson (via Karl Denninger and Robert Murphy)
What’s the term for making promises you know you cannot keep? These days, it’s apparently about 7 years at 3 1/4%.
[photo source]
