Can you spell monetization? Federal Reserve Accounts For 50% of Second Quarter Treasury Purchases (Thanks to GG for the link.)
GG also flagged this piece in the Globe and Mail: Desperately seeking an exit strategy. (Roubini says debt monetization and inflation “the path of least resistance”)
J.O. suggested this piece by Peter Schiff: Lehman Brothers Revisited
Items from The Economatrix:
UK: Crude Price “Shock” Next Threat to Recovery
UK: Markets in Government-Fueled Bubble Says Hedge Fund Manager
US Debt Crisis May Cause “Fall Of Rome” Scenario
Things are Getting Better?
Thank The Fed for Your Lack of Purchasing Power (The Mogambo Guru)