Quantitative easing explained simply.
Please share for educational purposes. pic.twitter.com/5vuhdu7ATN
— Gem (@gemsays) October 16, 2018
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And this “QE” is for the envious or the greedy?
Just the well-connected to government cronyism and power.
I’ve seen these blokes before – howling good fun.*
*Except what they are describing is a criminal enterprise. Still, it really is howling good fun for a few: The Banksters; Wall Street; politicians of all stripes (except that Maduro chap;) and ultimately for The Evil Fuckers.
Alexandria Ocasio-Cortez should grab this guy fast to be her chief economic advisor.
I doubt she could get past Rumpelstiltskin.
Well, funny anecdote but not exactly right. In his example, anyone down below the windows could catch the money, including presumably average people. In real QE, the money goes directly to the banks, who then place the money back at the Federal Reserve to earn interest, all well out of the hands of average people. By doing this they intentionally slow down the velocity of money to reduce the published inflation numbers. It’s the most efficient way to steal the livelihood of a host population ever created.
Yes, the only way the average Joe gets his hands on any of it would be following a successful loan application and an agreement to pay 10%+ in interest.
They touched on it with call your banking buddies. They should’ve added a line something like, “And if the public starts to catch on and show to try and grab a few notes, call you’re banker buddies with the new address, and move the operation to the other side of town. “
OMG, lighten up. We know everything is being created from nothing, stolen under our noses, etc. But if we cannot have a laugh occassionally then it really is over.
And here is the result of QE as shown in photos (from the criminal bankster perspective and from the perspective of the citizens)
I can explain it via an Alexander Dumas novel “The Three Musketeers ” :
All For One
And None For All
privately owned central banks? just a thought .
just a cook hehe
How about NO central banks? NO fiat currencies, NO fractional reserve/fraudulent banking, NO legal tender laws (other than accuracy/fraud-based rules. The Federal Reserve IS privately owned. THAT is problem #1.
Thank you, thank you, thank you for a good morning laugh