RAGHURAM G. RAJAN: ‘The time has come to consider whether monetary policy is the systemic force that created systemic vulnerability in the first place.’

'The time has come to consider whether monetary policy is the systemic force that created systemic vulnerability in the first place.' https://t.co/2P0tf0cjFJ — Jesse Felder (@jessefelder) May 29, 2023 via project-syndicate.org: Everyone has become so inured to massive central-bank interventions …

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A deep dive into the shrinking money supply: Banks get sweetheart programs from the liquidity fairy while households are forced to take on debt and in some instances DIE while being priced out of their lives in favor of rising interest rates to fight an inflation problem the Fed created.

by Dismal-Jellyfish Let’s get to it! M2 (U.S. money stock–currency and coins held by the non-bank public, checkable deposits, and travelers’ checks, plus savings deposits, small time deposits under 100k, and shares in retail money market funds) is decreasing: https://fred.stlouisfed.org/series/M2SL …

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The Fed released the Economic Well-being US Households 2022. People will DIE being priced out of their lives in favor of raising interest rates to fight inflation for a problem the Fed created to begin with. Inflation isn’t just insidious, it kills!

by Dismal-Jellyfish Not even dying is without inflation 🙁 “Cost of dying” in America nears $20K The median funeral cost is $7,848, the average family spends $9,351 on legal and financial expenses. Source: https://www.federalreserve.gov/publications/files/2022-report-economic-well-being-us-households-202305.pdf

New Federal Disinformation Offices Created

Big Brother adds “Influence and Perception Management Office” & “Foreign Malign Influence Center” to his arsenal. The Intercept recently reported the creation of two new federal offices to combat disinformation. The Pentagon will oversee the “Influence and Perception Management Office,” …

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Remember when the FBI was created to go after organized crime? They have become the enforcers for the Dem Cartel.

https://twitter.com/starkrob21/status/1652962593424769024 Churchgoers Witness Suspicious Activity After FBI’s ‘Radical-Traditional Catholic’ Memo Dem Rep Frequently Met With Alleged Chinese Police Station Director Arrested by the FBI, Photos Show FBI to Conduct ‘Large-Scale Nuclear Incident’ Training In Houston This Week

Bank of England admits that all money is created as debt. If all debts were paid off, there would be no money. The system is designed to keep nations and people as debt slaves forever.

by Dependent_Pumpkin997 Bank of England admits on its website that money is created from thin air as debt. Collectively all countries owe $200 Trillion. This does not include personal debts. The system is designed to keep everyone in perpetual debt slavery. https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy

Anyone stupid enough to buy into the insane housing bubbles created by 14 years of central bank ultra-easy monetary policies deserves to get their head handed to them.

by Boo_Randy ‘At risk’: Recent Australian homeowners face $110,000 being slashed from value of property https://www.news.com.au/finance/real-estate/buying/at-risk-recent-australian-homeowners-face-110000-being-slashed-from-value-of-property/news-story/545267516cf9a9688c660c92a09df8a4 There are warnings of a stark divide growing in the property market – and one group of Aussies are “most at risk”.  

The Fed-created wild drooling “investors” have learned nothing & huge comeuppance is ahead. The version 2.0 of The Big Short begins…

Steepest yield curve inversion I've ever seen. pic.twitter.com/CEY0bfrQyi — Financelot (@FinanceLancelot) August 10, 2022 This "buying all dips" nonsense (Micron only down $1.50) on epic horror show ahead – greatest glut in 4 decades I've followed semis… & the return …

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