Today we will look at the wheat and chessboard problem in order to show how the current financial and monetary system is on its last legs.
See Also: (Maneco64) – QE Is Not an Asset Swap and Not Deflationary
Today we will try to dispel the fallacy that QE is an asset swap and that it is deflationary.
We will have to briefly go over the derivatives market in order to get our message across.
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