"“If the U.S. gov’t were a publicly traded stock ,†explains Chris Mayer, “the dollar would be its shares and the value of the dollar its share price. And this huge increase in money supply is like a massive offering of stock, which dilutes the value of the shares everyone else holds. (Assets stay the same — just a lot more claims on them.)" Great quote!
Commodities Soar, Loonie Parity, The Short Ban, and Water Wars
Posted by StingingNettle 676 days ago (http://www.agorafinancial.com)
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