June 23, 2013
The Bank Of International Settlements Warns The Monetary Kool-Aid Party Is Over
When a month ago the Central Banks' Central Bank, aka the Bank of International Settlements (or BIS) in Basel where the MIT central-planning braintrust meets every few months to decide the fate of the world, warned that the Fed-induced collateral shortage is distorting the markets, few paid attention.
Sunday, 23 June 2013
The Bank Of International Settlements Warns The Monetary Kool-Aid Party Is Over
Posted on 17:44 by Ashish Chaturvedi
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