“Literally, Your ATM Won’t Work…”…(Must Read!!)
By Bill Bonner Of Bonner And Partners
ZeroHedge.com
06/06/2015
Our current money system began in 1971. It survived consumer price inflation of almost 14% a year in 1980. But Paul Volcker was already on the job, raising interest rates to bring inflation under control. And it survived the “credit crunch” of 2008-09. Ben Bernanke dropped the price of credit to almost zero, by slashing short-term interest rates and buying trillions of dollars of government bonds. But the next crisis could be very different…
The Rest…HERE
