Very interesting on how a person who seems normal can derive pleasure out of the demise of other people because he does not like their government.
What a world we live in.
Maximus wrote:Bordo, wheres that Turkish music.
Lordo wrote:Very interesting on how a person who seems normal can derive pleasure out of the demise of other people because he does not like their government.
What a world we live in.
erolz66 wrote:https://www.theguardian.com/business/2021/nov/26/markets-warn-central-banks-get-grip-on-inflation-interest-rates
Pyrpolizer wrote:erolz66 wrote:https://www.theguardian.com/business/2021/nov/26/markets-warn-central-banks-get-grip-on-inflation-interest-rates
I am not sure this "massive money-printing schemes" is true.
Presumably (from what I remember from discussions with RH) today 90% of the money is electronic.
I think it's most probably in the form of credit to the Banks, who in turn just provide cheap loans to lenders.
erolz66 wrote:Pyrpolizer wrote:erolz66 wrote:https://www.theguardian.com/business/2021/nov/26/markets-warn-central-banks-get-grip-on-inflation-interest-rates
I am not sure this "massive money-printing schemes" is true.
Presumably (from what I remember from discussions with RH) today 90% of the money is electronic.
I think it's most probably in the form of credit to the Banks, who in turn just provide cheap loans to lenders.
Printing money just means creating more money, increasing the supply of it. Electronic or cash does not make any difference. Quantitative easing is just a way for central banks to create more new money (that means your money decreases in value as a result) once they have pushed their other 'growth' levers as far as they will go (interest rates to zero). The whole thing is a massive bubble and it is going to burst. Inflation is going to explode globally. What is happening in Turkey right now is what is coming everywhere.
https://www.investopedia.com/terms/q/qu ... sing%20(QE)%20is%20a,and%20encourage%20lending%20and%20investment.&text=Instead%2C%20a%20central%20bank%20can,amounts%20of%20assets%20to%20purchase.
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