Paul Kedrosky's Infectious Greed
Finance & The Money Culture
From a paper arguing that the global savings glut remains an overlooked force in lower yields worldwide, this graphic:
The "global savings glut" and global debt levels are two sides of the same coin, are they not? That coin is the concentration of wealth.
It looks like some years of heavy worldwide inflation are the correct remedy for this.
Paul Kedrosky‘s Infectious Greed
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