VEMBU BLOG

I just can’t resist posting this! I don’t know what to feel about the current economic crisis and how the US Federal Reserve and the central banks across the world are going about trying to avert a complete economic collapse – by pumping in more and more money into the system. I do not know if I am feeling depressed or agitated, or both! Here is a simplistic way of describing what the Fed is trying to do; you can judge for yourself if this is all true “free market”.

Let’s say there are 100 people in a room and … Read the rest