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Parker Lewis
@parkeralewis
Author - Gradually, Then Suddenly, available exclusively for sale at Head of Business Development at working on #bitcoin# payments.
加入 June 2013
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The Fed put is on the debt system and the escape valve (and cost) is the currency itself, as Cory says. Eventually it fails altogether.
THE "FED PUT" ISN’T A CONSPIRACY. IT’S MATH. The Fed doesn’t really have a put under the stock market. It has one under the debt system. And once you understand why, you understand a lot more about where the dollar is headed, and why many choose to store value in hard assets.
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