If you listen to Peter Schiff, you could be forgiven for wondering what it is exactly that is holding up the US bond markets. But then, perhaps you were under the illusion that the US bond market was a fair and level playing field for all concerned.
This forgets, of course, that the entity running the rules and contracts enforcement process in the US financial markets is also a major player within the same markets.
Imagine playing Monopoly against someone who is not only the banker, but who also writes the rules beforehand and can amend them at any time during the game, including rule changes in their favour and against everyone else. Oh, and can 'Send you to Jail' at virtually any time, for anything they can make up, and who can fine you similarly, any amount, at any time, for any reason.
Welcome to government-controlled 'capital markets'.
If that all seems a bit strong, check out the following article, just to provide some further focus:
=> Falsifying Bank Balance Sheets
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