When central banks buy a security, they pay it with money they create out of thin air. There is more money in circulation, BUT NOT MORE GOODS AND SERVICES. That’s how they debase the currency, lower its purchasing power, and make you poorer.

Proof that there is always some politician who has integrity & is honest for the sake of the people. Great 2C he knows about fiat money.

 

READ  Charted: Money Can Buy Happiness After All
READ  Top Money Hacks For Financial Freedom

h/t Canadians_4_Liberty

43 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.