redmond what happends when defaults occur and the gap between the lending rate and cash rate widens further?
more loans created at lower interests rates?
deposits in banks dry up? whats the incentive for bonds and cash? where does it go?
Banks deposit to loan book value shrinks?
A disaster waiting to happen. Banks to collapse.
GOLD and inflation to skyrocket and currency to become worthless
How do you value anything in the future?
