Alasdair Macleod: The adverse effects of monetary stimulation

Section:

11:04a ICT Saturday, October 26, 2013

Dear Friend of GATA and Gold:

Monetary stimulation by central banks, GoldMoney research director Alasdair Macleod writes, benefits a privileged few -- the people closest to the money's entry point in the economy -- while leaving the great majority with nothing but inflation. Macleod's commentary is headlined "The Adverse Effects of Monetary Stimulation" and it's posted at GoldMoney's Internet site here:

http://www.goldmoney.com/en-gb/news-and-analysis/news-and-analysis-archi...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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