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As all federal reserve banks start to devalue there local currencies..there WILL be a new currency..there will be panic and blame...there will be a massive wealth transfer ..STAY CALM BE PREPARED, dont sell hard assets!!...ALL GOVERNMENTS AND CENTRAL BANKS KNOW THIS and will be preparing by buying assets of all kinds..for the wealthy just remember there are those that will be hit the hardest as there dollar becomes worthless and own zero assets...The markets will crash as governments are in a concerted effort to allow it...they are the ones buying at the bottom...DON'T BE STUPID AND SELL ASSETS FOR WORTHLESS FIAT!!!
As all federal reserve banks start to devalue there local currencies..there WILL be a new currency..there will be panic and blame...there will be a massive wealth transfer ..STAY CALM BE PREPARED, dont sell hard assets!!...ALL GOVERNMENTS AND CENTRAL BANKS KNOW THIS and will be preparing by buying assets of all kinds..for the wealthy just remember there are those that will be hit the hardest as there dollar becomes worthless and own zero assets...The markets will crash as governments are in a concerted effort to allow it...they are the ones buying at the bottom...DON'T BE STUPID AND SELL ASSETS FOR WORTHLESS FIAT!!!
Hello Hello HELLO? anybody there??
It appears all the doubters, detractors, & PT Divas have gone quiet all of a sudden..
Dow now officially in Bear market 20% below peak
Bond Market tanking
Repo Market bailed by fed more than 600 billion (so far)
Massive derivatives market tanking
Yield curves massively inverted
Corporate debt off the scale
The Federal Reserve Bank of New York announced Thursday that it will spend $1.5 trillion to purchase financial assets in a titanic bid to pump cash into the bond market amid panic on Wall Street.
The Federal Reserve Bank of New York announced Thursday that it will spend $1.5 trillion to purchase financial assets in a titanic bid to pump cash into the bond market amid panic on Wall Street.
Notice at the end of the article where everyone says everything is fine, just a blip... Sure...
This is all so abstract to me.
I try and bring it down to a real practical level, to see how it really works.
It looks like some bunch of guys, (given some right) ( by a bunch of other guys ( who the public voted in)), just shifted some electronic numbers across to a third bunch of guys (who used to keep gold in a vault for you, but now just give you a part share in an electronic number, they can do what they want with).
All the time the bunch of guys you voted in (ha) can keep breaking their original value agreement on the first electronic number (you traded hours of your life and skill for) , by diluting it down, all in the name of keeping the system going.
F the lot of them I say.
Stop playing these stupid pretend games with imaginary stuff.
As all federal reserve banks start to devalue there local currencies..there WILL be a new currency..there will be panic and blame...there will be a massive wealth transfer ..STAY CALM BE PREPARED, dont sell hard assets!!...ALL GOVERNMENTS AND CENTRAL BANKS KNOW THIS and will be preparing by buying assets of all kinds..for the wealthy just remember there are those that will be hit the hardest as there dollar becomes worthless and own zero assets...The markets will crash as governments are in a concerted effort to allow it...they are the ones buying at the bottom...DON'T BE STUPID AND SELL ASSETS FOR WORTHLESS FIAT!!!
"The virus was really just the pin that pricked the bubble. In that regard, the current sell-off has much in common with the crash of 2008."
I believe why bank's like Westpac are offering interest free mortgage loans on solar power panels or anything really..is because with the deflation of the dollar it will likely lead to inflation in hard assets like property, gold etc...
I believe why bank's like Westpac are offering interest free mortgage loans on solar power panels or anything really..is because with the deflation of the dollar it will likely lead to inflation in hard assets like property, gold etc...
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