2014-11-16 — prudentbear.com
``As I've repeated on numerous occasions, there is no general price level for the Fed or global central bankers to manipulate and control. The domain of their reflationary policies is within the Financial Sphere and with financial asset prices. And we've already witnessed how aggressive Global Financial Sphere inflationary measures can actually fuel disinflationary forces in real economies. I would argue that Financial Sphere inflation is little more than wealth redistribution.''
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