I stand in awe
I didn't think it possible for a single news story to encapsulate so many of the excesses brought about by the Greenspan-fueled liquidity bubble, but there it is.
This publication is for free markets. But it is not for distorted markets created by artificially low interest rates and other manipulations. Today, Charles Hugh Smith shows you these manipulations have created artificial scarcity in the housing market and created a class of “rent-serfs.”