the problem is buy some time for what??? to kick the can down the road just long enough so the house of cards doesn't fall on your watch?Did the feds printing press break down?
Thankfully no.
Please understand what is at stake here and what our FED and virtually ever central banker around the world has been fighting.
Deflation.
And it is a B88ch!!!
These folks aren’t stupid and are using the only tools available to them to fight this.
I don’t like it, but it is what it is and short of a complete collapse I understand why they are printing money.
Deflation is a real Bi**h, and is not generally understood.
The Feds and other central bankers know damn well that the only thing they can do to fight this is to create inflation by printing money.
They are literally trying to buy time in between natural economic cycles and the next innovation.
Short of a massive reset and a full blown depression, what would you do?
If you were at the Fed and your choice was to do nothing and watch the country go into a full blown depression or print money to buy some time. What would you do?
I’d get the government the hell out of the way, off our backs and out of our lives.
the problem is buy some time for what??? to kick the can down the road just long enough so the house of cards doesn't fall on your watch?Yes. Inflation does not jump from nation to nation. Deflation does.
Monetary policy can affect inflation (but not hyperinflation), but no monetary policy can affect deflation.
Inflation does not necessarily feed on itself and snowball. Deflation does.
Inflation hurts only the small and average guy. Deflation hurts everyone.
Deflation is virtually impossible to stop.
This is why money people and central bankers fear deflation so much.
And why there’s a good chance we are headed that way.
A must read: “How to Protect Your Life Savings from HYPERINFLATION & DEPRESSION” by John T. Reed - only at his website......
Yes. Inflation does not jump from nation to nation. Deflation does.
Monetary policy can affect inflation (but not hyperinflation), but no monetary policy can affect deflation.
Inflation does not necessarily feed on itself and snowball. Deflation does.
Inflation hurts only the small and average guy. Deflation hurts everyone.
Deflation is virtually impossible to stop.
This is why money people and central bankers fear deflation so much.
And why there’s a good chance we are headed that way.
A must read: “How to Protect Your Life Savings from HYPERINFLATION & DEPRESSION” by John T. Reed - only at his website......