Thanks Gregory! As the MMRI rises, the global elite and their agents capture more wealth from the economy. This is the perpetual redistribution of wealth from those who have less to those who have more.
Mmri now vs 1980s with strong dollar and 12-15 fed fund interst rates
So agree with Jeff dow re mmmri as probably a better risk gauage since it incorporates debt as percentage of gdp; but even that indicator would have been 2 to three times higher with Paul vokers war on inflation by the raising of fed funds rate greater than rate of inflation.
Thanks Gregory! As the MMRI rises, the global elite and their agents capture more wealth from the economy. This is the perpetual redistribution of wealth from those who have less to those who have more.
Mmri now vs 1980s with strong dollar and 12-15 fed fund interst rates
So agree with Jeff dow re mmmri as probably a better risk gauage since it incorporates debt as percentage of gdp; but even that indicator would have been 2 to three times higher with Paul vokers war on inflation by the raising of fed funds rate greater than rate of inflation.