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Economy

mbperrin

(7,672 posts)

3. You and I are saying the same thing.

Reply to golfguru (Reply #2)

Mon May 27, 2013, 02:41 PM

May 2013

Rather than lend to businesses or individuals, they'd rather stick it in derivatives and other non-physical "assets." Time proves that they might lose on real loans, but Uncle Sugar will make them whole on their shadow stuff.

So yes, no demand increase for physical items - the money went elsewhere.

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3 replies

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Highlight:

Matt Taibbi: The Mad Science of the National Debt [View all] marmar May 2013 OP

Taibbi is doing some of the only good writing on this topic. mbperrin May 2013 #1

The real reason there is mild inflation is... golfguru May 2013 #2

You and I are saying the same thing. mbperrin May 2013 #3