NOV 3, 2017
ORIGINAL SOURCE: Deutsche Asks A Stunning Question: "Is This The Beginning Of The End Of Fiat Money?" by Tyler Durden of zerohedge.com on 11/2/17
Jim Reid is a Managing Director, Global Head of the Fundamental Credit Strategy Group, Research Division Deutsche Bank AG. He wrote a very interesting piece on what he thinks will happen when the global financial markets blow.
Excerpt; At some point, the bust will be so large that it overwhelms our ability to lean against it with the tools afforded us by an untethered system. Or, perhaps more accurately, it ensures that our attempts to counter busts will become increasingly absurd until we’re forced to resort to some iteration of helicopter money.
Please see this must-read here; Deutsche Asks A Stunning Question: "Is This The Beginning Of The End Of Fiat Money?"