Kind of inevitable really. They had no choice but to formalise the process that was keeping the economy afloat. Same as Glass-Steagall. Only stays quiet if the practice and proceeds are restricted to the club, which is pretty hard to do with a few extra trillion lying around and an economy that's finding it hard to shift it in any meaningful way. Not surprising that some people start to ask questions and come up with answers that are unpopular given what job public knows about financial and economic theory.
I didn't think!!! I experimented!!!
The share market is a giant casino for its owners to launder dirty money and play games with companies they don’t like. Their toy will be plugged in for as long as it’s useful for THEM.
The more likely scenario will be a govt mandated bail in.... this is where the economy/share market or banks implode due to our selfish consumer debt and greed....
And to ‘save’ the system they will take away 10-15% of your cash/assets and give it to the failing party....
And you will like it and love your govt for saving you.... every time they do it....
Govt gives you nothing because it creates nothing - Javier Milei
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