The global economy has been living through a period of central bank insanity, thanks to a little-understood expansion strategy known as quantitative easing, which has destroyed main-street and benefitted wall street.
Central Banks over the last decade simply created credit out of thin air. Snap a finger, and credit magically appears. Only central banks can perform this type of credit magic. It’s called printing money and they have gone on the record saying they are magic people.
Increasing the money supply lowers interest rates, which makes it easier for banks to offer loans. Easy loans allow businesses to expand and provides consumers with more credit to buy goods and increase their debt. As a country’s debt increases, its currency eventually debases, and the world is currently at historic global debt levels.
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4 comments:
really? the bubble is still about to collapse? i`ve been reading and hearing this for the past 40 years and it hasn`t happened. does the story about the boy who cried wolf, ring any bells.of course it will happen eventually but crying wolf every ten years when a new generation comes of age isn`t very productive or enlightening.
They deep state wants the global economy to collapse so they can usher in a world government.
All of us on this blog know better.
There are no conspiracies . Anywhere.
The bankers are not conspiring to destroy the economy and are not merely printing money out of thin air to buy all of the real assets.
Nope. Not going to believe it no matter how much evidence is presented. As a matter of fact, I will refuse to even look at the supposed evidence of this silly conspiracy theory.
And the 20 trillion debt is chump change to us.
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