Corrupt Or Just Stupid? Markets Hand Corporations An Unlimited Credit Card

In the sound money community it’s generally understood that abandoning the last vestige of the gold standard in 1971 gave major countries effectively-unlimited credit cards – which corrupted them irredeemably. Now – with government bonds yielding either next to or less than nothing – that corruption has begun to spread to corporations, whose bonds are […]

The post Corrupt Or Just Stupid? Markets Hand Corporations An Unlimited Credit Card appeared first on DollarCollapse.com.

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