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Alasdair Macleod: Saving the system
By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, August 4, 2016
Monetary policy, we are told, is all about staving off recession and stimulating economic growth.
However, not only is monetary debasement in any form counterproductive and destroys the personal wealth of the masses, but the economists who devised today's monetarism have completely lost their way.
This article addresses the confusion surrounding this subject, and concludes that the real reason for today's global monetary policies is an ultimately futile attempt to prevent a systemic and economic crisis. ...
... For the remainder of the commentary:
https://wealth.goldmoney.com/research/goldmoney-insights/saving-the-syst...
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