Another public article from Jim Wille. This one may be a little more understandable, as he is not speaking to egg heads and his conclusion are are plain language.
ZIRP is the Zero Interest Rate Policy. The low interest rate environment kills capital, reduces the capital base, and smothers the USEconomy.
Jim says that “Not one in ten economists comprehends this basic point.”
That is almost self-evident, isn’t it?
ZIRP is consistent with all the other actions, laws and executive orders that have debased the US and much of the world. Pay attention and you will know more than any one in the propaganda media machine.
The article actually begins after the ad for Silver Eagles, and contains the opening text.