St. Louis Fed @stlouisfed
Economists examine whether developing countries with greater credit constraints get more foreign aid.
Ya think? That's why banking cartels constrain credit in the first place!!! To arrange loans, denominated in foreign currencies, to benefit investors in foreign countries. May not be rocket science, but it's quite obvious Racket Science. Just follow the recorded communications of bank lobbies, from 1776 to 1860 to 1933 to the Rubinesque misinformation of today.
Have even CBs and the BIS become blind to their own Control Frauds? Doesn't matter if the self fraud is innocent or malicious. Is maladaptive institutional momentum out of control?
Only beggars still believe the BIS?