It is coming folks. It is almost here.
One global government.
One global currency (most likely electronic).
One global religion (ecumenicism).
One global tyranny.
Posted on 08/29/2016 2:56:08 PM PDT by Lorianne
Central bankers in charge of the vast bulk of the world's economy delved deep into the weeds of money markets and interest rates over a three-day conference here, and emerged with a common plea to their colleagues in the rest of government: please help.
Mired in a world of low growth, low inflation and low interest rates, officials from the Federal Reserve, Bank of Japan and the European Central Bank said their efforts to bolster the economy through monetary policy may falter unless elected leaders stepped forward with bold measures. These would range from immigration reform in Japan to structural changes to boost productivity and growth in the U.S. and Europe.
Without that, they said, it would be hard to convince markets and households that things will get better, and encourage the shift in mood many economists feel are needed to improve economic performance worldwide. During a Saturday session at the symposium, such a slump in expectations about inflation and about other aspects of the economy was cited as a central problem complicating central banks' efforts to reach inflation targets and dimming prospects in Japan and Europe.
(Excerpt) Read more at reuters.com ...
Governments=taxpayer money. Pet peeve of mine. Pffft!
First thing we do, we kill all the Central Bankers.
It is coming folks. It is almost here.
One global government.
One global currency (most likely electronic).
One global religion (ecumenicism).
One global tyranny.
stop electing liberals and watch your economies soar.
The USA used to lead the world economy, probably still do, but now it’s in the wrong direction.
QE5 might just be in world currency.
Wouldn’t surprise me if QE4 comes out just before the election.
Galbraith and all the fathers of dumb downed American economics believe this crap. Their obsession with eliminating the business cycle comes at such insane cost.
Fiat currency and the soviet-style central-planning of Central Banks is reaching its end game.
A very high cost, true.
“Shock people into expecting higher inflation?”
Those of us who have been living in suburban and rural America know about inflation. Food, health care, rents, utilities, higher education, auto repair costs, taxes at all levels, common household items, and other costs the Fed, press, and administration ignore have been increasing steadily. We know the real rate of inflation for the things we buy to survive are increasing at an annual rate of 7-8% while the government is reporting 1-2% increases in inflation, the return on our savings is approaching zero, and our after tax disposable incomes are sharply declining. How do you “shock” people who are living with inflation? Perhaps you should shock the policymakers.
That is so true. And, that is the sole reason that 'central banks' exist. The bailout the big banks when their incompetence finally comes to fruition.
Read: The Journey to Jeckell Island. It is eye opening.
Hello Black Market and bartering.
predictable: the world can only be saved by immigration reform! Somehow I don’t think that means allowing more South Koreans into Japan. Or Europeans into Africa.
Indeed! I'll volunteer to bring the taser - LOL!
Everyone, listen to the globalist banksters. Japan must open itself to muslim Syrian refugees or the global economy is going to collapse. With our massive invasion here in the US, the banksters should be rolling in the dough!
This is wrong on so many levels:
1. Central banks job is to protect the value of money not the economy.
2. For decades the elite brain trust have been telling us to stop having children. The population bomb would leave our children in a world unable to feed itself.
Now they tell us our survival depends on the offspring of unwashed, uneducated , unevolved throwbacks that were too stupid to listen to these elites for the last 40 years.
If their plans are followed; it is more likely to end in a global depression than induce growth.
Of course a global depression would allow the left to seize during the global emergency.
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