4 ms·
The problem, you see, is that the money issued by the Fed is used all over the world through the magic of repo, while CPI is measured within the United States o
by jkhdigital 7y ago
The problem, you see, is that the money issued by the Fed is used all over the world through the magic of repo, while CPI is measured within the United States only. Ever heard of the shadow banking system? Eurodollars?