Hedge Fund CIO: "There Is Too Much Capital In The World, And It Needs To Be Destroyed"

Source: https://www.zerohedge.com/markets/hedge-fund-cio-there-too-much-capital-world-and-it-needs-be-destroyed
Published: Nov 3, 2021
Author: Tyler Durden
Post Date: 2021-11-03 09:46:31 by Horse
Views: 53

"Financial repression is the most painful destruction tool as it provides no quick recovery, it instead stretches losses over a generation."

Poster Comment:

Quote of the year for 2021.

From 1929 to 1933 31% of the US Money Supply was destroyed in bankruptcy courts and foreclosures. Not Good.

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