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central banking

05/21/2018 / By Lance D Johnson

Global debt is now a whopping $164 trillion; former chairman of the Federal Reserve says “there is a zero probability of default”

Alan Greenspan, former chairman of the Federal Reserve Bank, admits that the current system of runaway debt cannot be stopped and there is no way to default on the debt because the Federal Reserve can always print more money and increase the national debt, “guaranteeing” treasury bonds that can never mathematically be paid back, which […]

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