This is the issue in europe and in the united states. The Money Supply is not increasing, the selling of the PIGS bonds and subsequent withdrawal of that money out of their respective money markets has resulted in a reduction in money supply. Europe has a common currency but individual money markets. This is why Dr Oliver is saying what he is.
1. Buy the PIGS bonds = lower interest rate and cost of their debt
2. Lower rates = re-capitalise monetary base to avoid the deflation
- Forums
- ASX - General
- dr oliver's 5 point plan debt crisis solution
dr oliver's 5 point plan debt crisis solution, page-17
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online