Prediction on interest rates..I give you permission Perry to mock and scorn me in 5 to 10 years if I'm wrong.
INTEREST RATES WILL NEVER RETURN BACK TO NORMAL RATES OF 5 or 6%
It would be impossible for governments to repay the debt because tax intake would not be sufficient to service the debt alone as they would still need taxes/money for everything else in our state burdened society..who will house the unemployable? Or educate more tax slaves in our insightful education system.
I'll let everyone in on a secret..
Our central bank has been deleting government debt, its relatively easy and nobody knows about it. They have been deleting zeros of their spread sheet.
Why don't they delete everyone's debt you may ask?
Because if nobody had debt all that extra cash would most likely lead to a flood of spending and hyperinflation..so it has to be done slowly and secretly.
INTEREST RATES WILL NEVER RETURN BACK TO NORMAL RATES OF 5 or 6%
It would be impossible for governments to repay the debt because tax intake would not be sufficient to service the debt alone as they would still need taxes/money for everything else in our state burdened society..who will house the unemployable? Or educate more tax slaves in our insightful education system.
I'll let everyone in on a secret..
Our central bank has been deleting government debt, its relatively easy and nobody knows about it. They have been deleting zeros of their spread sheet.
Why don't they delete everyone's debt you may ask?
Because if nobody had debt all that extra cash would most likely lead to a flood of spending and hyperinflation..so it has to be done slowly and secretly.
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