08/29/2014 - For the first time in history, (based on FRED data), the 30Y constant maturity yield is below the real GDP growth level.

08-29-14-US-MONETARY-30yUST-v-GDP-2-420

FINANCIAL REPRESSION IS

COMPLETELY DISTORTING

THE PRICING OF BOND RISK

(The RISK is in FIAT US$ CURRENCY)

08-29-14-FINANCIAL_REPRESSION-Cartoon-Useless_Paper-420

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