The Federal Reserve went bankrupt today. Now, Treasuries are the last place left where the money people can park their loot. And Treasury bills collapsed in value. Lower than any time since the damn Great Depression. It is now at Japanese levels! Namely, below 0.05%. This is INSANITY. Holding money where it gains nothing is what? The dread 0% down, 0% interest and 0% principal paid? That is the domain of the Goddess of Depression. Her rule is twice as cruel as the Goddess of Inflation. And that can still happen! For Inflation lurks nearby, she will take over the instant Depression releases her grip on all the loot in the Treasury and foreign FOREX reserves!
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