Federal Reserve Delays Taper Continues Debasement

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In the 90s, Argentina's debt continued to enrich. Their lender of last resort, the IMF, continued to lend and extend payment activities. Much IMF funding comes from the U.S. Our lender of last resort, the Fed, has continued to give the government and a lot of intents and purposes, are extending payment schedules since debt is continually rolled about. Consider the Fed is doing this as a to fill a void by reluctant private lenders at currently low interests and preserve those same interest rates low - yet more distortion.

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