EUREKA EUREKA EUREKA.......
SUDDENLY,the thinking of the Central Bankers have become clear.It was due to their repetition of the things that aided.
1.Have a Huge national debt......
2.Start QE,with any excuse like "deflation" etc. ad infinitum
3.Start ZIRP,NIRP and a low interest rate regime
4.QE cancels the huge debt while items in 3 above SERVICES the Huge Debt!!!
5.Result;-
i)Speculators have a field day......
ii)The wealth of the Citizens is CONFISCATED........
Will be updated......
SUDDENLY,the thinking of the Central Bankers have become clear.It was due to their repetition of the things that aided.
1.Have a Huge national debt......
2.Start QE,with any excuse like "deflation" etc. ad infinitum
3.Start ZIRP,NIRP and a low interest rate regime
4.QE cancels the huge debt while items in 3 above SERVICES the Huge Debt!!!
5.Result;-
i)Speculators have a field day......
ii)The wealth of the Citizens is CONFISCATED........
Will be updated......
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