Not exact matches
What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion
on their computer keyboards to buy up all the bonds and stocks in the world,
along with all the land and other
assets for
sale, in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1 % interest cost?
-- Goethe What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion
on their computer keyboards to buy up all the bonds and stocks in the world,
along with all the land and other
assets for
sale, in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1 % interest cost?