If anyone is intersted to understand the reason that JP Morgan Chase keeps getting the gravy deals from the government and the Fed...there is quite a lot of precedence...fake accounting and all. Also, please read: More dollar what-if discussion this is a post I wrote last year and paints a clean picture if the lengths to which central and fractional reserve banking goes to short currency into existence.
MiB: Philippe Bouchaud, Founder/Chief Scientist, Capital Fund Management
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This week, I speak with Philippe Bouchaud, co‑founder, chair & head of
research/chief scientist at Capital Fund Management (CFM). The $20 billion
fir...
16 hours ago
