Money in the Bank

Reading the tea leafs in money market rate changes.

And they want to make us believe markets are returning to normal. Money market rates tell a very different picture and I rather rely on the data than the propaganda coming from central banks. And in this reality banks are scrambling to borrow funds at rates significantly higher than what the priests of ever expanding credit would like to see implemented.

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Read more from this blogger: Central Banks Continue on Path of Monetary Inflation