The Fed and ECB need to pump up the global markets and the introduction of massive levels of QE will be just what the doctor ordered. A nice dose of QE from different angles will help to prop up this dying system. If you thought the Financial Crisis resulted in a lot of money printing, you haven’t seen anything yet. 2008 was only the very beginning. Just a fraction. The quadrillion dollar black hole will be a future event. Will the public see any of it? Of course not. The elite will always remain dominant.
The world is at the mercy of central banks. Most people wouldn’t even know their central bank controls their money supply and is unaccountable to them. Americans don’t even understand the symbolism printed right on their bills, and so the elite rub it right in. Despite the constant nonsense related to this so called recovery we have been hearing about for 10 years, sentiment has now changed to prevention. Central banks are working diligently to prevent the next crisis from happening. Sadly, the sheep believe that these powerful individuals would at any point have their best interest in mind.
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Global economy: ‘we must do everything possible’ to avoid global ‘fracture’ caused by US-China tensions, urges Guterres | UN News
HIGHLIGHTS-Negative interest rates: Bankers at the IMF meeting weigh in – Reuters
After trade talks in U.S., China ramps up Brazilian soy purchases – Reuters
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California housing crisis: Residents flee San Francisco because of costs