"What would you like me to do? Organize a revolution for price inflation to counter deflation?"
Maybe the financial institutions will do that on their own.
After all, isn't it traditional for them, at this time in the cycle, to open the floodgates wide, just when central bankers are trying to choke the flow? Isn't the classic error an overshoot?
"Shake and shake the ketchup bottle...
none'll come - and then a lot'll!"
...even unto $4T...
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Bruce Garlick, Executive Chairman
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