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Tag Archives: monetizing debt

The New Feudalism

Debt is the new global feudal lord. Debt will not be repaid and soon the debt service won’t be payable either. The serfs, not the Lords, should be bailed out.

Posted by行政7 December 20105 January 2013Posted inBanking News, Federal Reserve, US TreasuryTags: credit, debt, debt free money, Derryl Hermanutz, monetizing debt8 Comments on The New Feudalism
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