Brought to you by Bruno de Landevoisin @ StealthFlation , Stop by for Shelter from the Storm
An intractable economic condition that inevitably arises as unlimited units of currency compulsively pursue nonproductive wealth assets, in a grossly over-leveraged economy which has been artificially reflated in a desperate and misguided attempt by monetary authorities to synthetically engineer growth via extreme monetization. Preventing the real economy on the ground from seeking the healthy normalization and natural balance of free market forces necessary for genuine productive economic growth.
Also known as; wishful thinking, and robbing Peter to pay Paul.
This entirely synthesized approach to capital formation has brought us the following disastrous results:
1) Stealth incendiary inflationary risks to the economy via latent money velocity
2) Repeat massive asset bubble formation dislocations
3) Gross misallocation of real investment capital, stifling the crucial SME sector
4) Excessive market volatility which stymies business development and trade
5) Lethargic economic activity
6) Massive off-shoring of the manufacturing base
7) Facilitated fantastic fiscal deficit spending sprees
8) Decreases income & job growth
9) Extreme income inequality
10) Eviscerates the very essence of money itself
via Zero Hedge http://ift.tt/1vQQFgi DeathFlation