No amount of money printed can create prosperity. No amount of money printing can fix anything. This is a game they’re playing with you. Do not accept this as legitimate. Printing money out of thin air is not right. There are consequences and that’s you getting punished if you’re a saver or on a fixed income!
The Fed has been aggressively buying anything and everything to prop up asset prices, in order to bring in more and more retail investors into the game. Of course, this is always about control. The Fed creates money out of thin air, doesn’t cost a thing, and doesn’t acknowledge the consequences of their actions. Today, all central banks have done the same. Print, buy, inflate. But what happens to the real economy?
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www.zerohedge.com/s3/files/inline-images/fed%20balance%20sheet%20expansion_0.jpg?itok=cmyqyjJS
Sven Henrich on Twitter: “Congratulations @federalreserve. Market cap to GDP is back up into bubble territory at a whopping 138%. t.co/lIZODm5iCF” / Twitter
twitter.com/NorthmanTrader/status/1255801385628688390
Coronavirus: Is US deflation or falling prices the new economic risk
April Jobs Report Likely to Show Highest Unemployment Rate on Record – WSJ
COVID-19: Canada layoff tracker – Macleans.ca
www.macleans.ca/economy/covid-19-canada-layoff-tracker/
Canada Emergency Response Benefit statistics – Canada.ca
www.canada.ca/en/services/benefits/ei/claims-report.html
Norway’s $1 Trillion Wealth Fund Expands U.S. Stakes Amid Rout – Bloomberg
The sinking is now official and brings Spain to the rescue and a new era of adjustments | Economy
www.elmundo.es/economia/2020/05/01/5eabef97fc6c8394248b464d.html
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www.zerohedge.com/s3/files/inline-images/global%20crude%20in%20the%20water.jpg?itok=kyyYkDj8
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www.zerohedge.com/s3/files/inline-images/375bbl%20oil%20floating%20storage.jpg?itok=H_JWCq1I
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www.zerohedge.com/s3/files/inline-images/FAAMG%20vs%20SPX%20YTD.jpg?itok=dgZta3BB
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www.zerohedge.com/s3/files/inline-images/FAAMGs%20fundamentals.jpg?itok=qMOnkCDS
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Bernanke: “To lend to a bank we simply use the computer to mark up the size of the account” – YouTube
www.youtube.com/watch?v=hiCs_YHlKSI
Crowds gather to buy new Air Jordan sneakers in Atlanta after lockdown lifted
nypost.com/2020/05/03/crowds-gather-to-buy-new-air-jordan-sneakers-in-atlanta-after-lockdown-lifted/