The Rulers of the World:-the International Bankers.
The reason they like Deflation:-Bonds are attractive during deflation.Bonds are Debts and these are misused to control Governments.
Now we know,why the US Federal Reserve ,BoJ and the ECB prefer deflation,all the while pretending to fight it with QEs!!!
Gold is attractive during Inflation.Hence the International Bankers [also called,Merchant Bankers or Investment Bankers]dislike Gold "in others hands",but not in their own.
Recently,Muni Bonds have been wrecking havoc in many developed economies,bankrupting the Municipalities.
India's Finance Ministry and SEBI have introduced Muni Bonds in India.
The reason they like Deflation:-Bonds are attractive during deflation.Bonds are Debts and these are misused to control Governments.
Now we know,why the US Federal Reserve ,BoJ and the ECB prefer deflation,all the while pretending to fight it with QEs!!!
Gold is attractive during Inflation.Hence the International Bankers [also called,Merchant Bankers or Investment Bankers]dislike Gold "in others hands",but not in their own.
Recently,Muni Bonds have been wrecking havoc in many developed economies,bankrupting the Municipalities.
India's Finance Ministry and SEBI have introduced Muni Bonds in India.
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