+- +-


Welcome, Guest.
Please login or register.
Forgot your password?

+-Stats ezBlock

Total Members: 51
New This Month: 1
New This Week: 0
New Today: 0
Total Posts: 13759
Total Topics: 270
Most Online Today: 2
Most Online Ever: 137
(April 21, 2019, 04:54:01 am)
Users Online
Members: 0
Guests: 0
Total: 0

Author Topic: Money  (Read 7068 times)

0 Members and 0 Guests are viewing this topic.


  • Administrator
  • Hero Member
  • *****
  • Posts: 30804
  • Location: Colchester, Vermont
    • Renwable Revolution
Re: Money
« Reply #555 on: February 11, 2019, 06:15:26 pm »
February 11, 2019


Reality is what was promised to be emergency measures during the financial crisis have become permanent measures. What was promised to be reverted to normal can’t be reverted. Too great has been the debt expansion during the easy money years giving both governments and corporations license to load up on debt. And now they can’t normalize, they can’t raise rates, and they can’t stop intervening.

The emerging truth: Central banks 👹💵🎩🍌🏴‍ will never “normalize” rates, they will never revert their balance sheets to pre-crisis levels, and they will never stop interfering with markets.

But they will not admit this to the public. What they will do is sanctimoniously complain about income inequality, the very income inequality they have helped propagate for decades.
Powell last week:

“Speaking at a town hall in Washington D.C. to a group of educators, the central bank leader said his greatest economic fears lie outside the Fed’s purview . Specifically, he called for more aggressive policies to address income inequality.

“Wages at the middle and lower levels have “grown much more slowly” than those at the higher end, he said. “We want prosperity to be widely shared . We need policies to make that happen,” Powell added”.

Out of the Fed’s purview? Seriously? That’s revisionist history in the making as central bank policies have helped to greatly exacerbate wealth inequality by inflating the asset classes owned by the few. To not acknowledge this is to be revealed to not be serious about the issue.

After all, what has screwed the middle class has helped produce the system we have now, a system that produces ever more wealth for the few at the expense of the many.

But you wouldn’t be able to tell this from the Fed pablum about how it only cares about doing a good job for the American people:

Full article:

The Fed is trapped, the ECB is trapped, the BOJ is trapped - all doomed to intervene forever and ever amen always afraid to see markets go through a process of repricing and squeezing out the artificial asset inflation that 10 years of permanent intervention have wrought.

Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12


+-Recent Topics

October 24, 2019, 12:09:05 am

Corporate Profits over Patient in the Health Care Field by AGelbert
October 23, 2019, 07:01:47 pm

Corruption in Government by AGelbert
October 23, 2019, 06:43:25 pm

Pollution by AGelbert
October 23, 2019, 06:16:22 pm

The Big Picture of Renewable Energy Growth by AGelbert
October 23, 2019, 04:35:09 pm

Meet catabolic capitalism: globalization’s gruesome twin by AGelbert
October 23, 2019, 03:00:11 pm

Doomstead Diner Daily by AGelbert
October 23, 2019, 02:06:31 pm

Corporate Fascist Corruption of Christianity by AGelbert
October 23, 2019, 01:10:29 am

Creeping Police State by AGelbert
October 22, 2019, 11:40:06 pm

2020 Presidential Election by AGelbert
October 22, 2019, 08:41:55 pm