Sunday, December 7, 2014
StealthFlation
An intractable economic condition that inevitably arises as excessively issued fiat currency compulsively pursues non-productive wealth assets in a grossly over-leveraged economy, which has been artificially reflated by monetary authorities in a misguided attempt to synthetically engineer growth via extreme monetization.
This effectively prevents the real economy on the ground from realizing the healthy normalization and natural balance of free market forces necessary for genuine capital formation, which is essential to generating legitimate and sustainable economic growth. Read more: StealthFlation – Defined
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