NACBA
02-10-2015, 02:09 PM
POSTED BY Norm Singleton February 09, 2015
And if they do, will they tell us ...
My old colleague, Paul-Martin Foss, former Monetary Policy aide for Ron Paul and founder and President of the Carl Menger Center for the Study of Money and Banking, has a fascinating article on the showdown between the European Central Bank and the new Greek government.
Paul-Martin suggests that Greece may finally withdraw from the Euro, thus causing investors to be reluctant to purchase European-dominated debt for fear other European countries will follow Greece's lead. The resulting difficulties for financial institutions holding dollar-dominated assets could result in another Federal Reserve bailout of European banks and big corporations.
Paul-Martin explains:
http://www.campaignforliberty.org/fed-planning-another-bailout
And if they do, will they tell us ...
My old colleague, Paul-Martin Foss, former Monetary Policy aide for Ron Paul and founder and President of the Carl Menger Center for the Study of Money and Banking, has a fascinating article on the showdown between the European Central Bank and the new Greek government.
Paul-Martin suggests that Greece may finally withdraw from the Euro, thus causing investors to be reluctant to purchase European-dominated debt for fear other European countries will follow Greece's lead. The resulting difficulties for financial institutions holding dollar-dominated assets could result in another Federal Reserve bailout of European banks and big corporations.
Paul-Martin explains:
http://www.campaignforliberty.org/fed-planning-another-bailout