First Mining Gold Corp (FFMGF): Can't raise rates in a recession especia...

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Re: Tommy Two Times post# 3334

Wednesday, 10/12/2016 4:37:57 PM

Wednesday, October 12, 2016 4:37:57 PM

Can't raise rates in a recession especially if the short side of the yield curve and fund rate are too off the reservation from one another. A Fed Governor wrote a white paper on this decades ago and the ass clowns currently running the show know this all too well.

Technically the $USD is backed by the guarantee to tax its citizens for the next 100 years

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