GUEBERT: Beware the coming market calamity

April 10, 2013 at 5:10 pm in The Daily Republic

The money underwriting it all, he claims, is not coming from a healthy, stable economy but from the Federal Reserve’s “egregious flood of phony money” that has “expanded [the Fed's] balance sheet six-fold, to $3.2 trillion from $500 billion,” since the year 2000.
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