Exporting Speculative Debt

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ashvinp
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Joined: Jan 20 2010
Posts: 412
Exporting Speculative Debt

This is a short piece that argues, contrary to popular belief, the Fed is not really "exporting inflation" but instead speculative debt, which will lead to a deflationary episode in the near future:

Full piece at TAE - http://theautomaticearth.blogspot.com/2011/02/february-25-2011-exporting...

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