Anon Report This Comment Date: July 31, 2022 08:35AM
Uploader here.
The money created out of nothing to buy government bonds, creating the inflation
happening now, is being withdrawn and cancelled by increasing interest rates
(taxing the interest).
Instead, central banks, who issued the quantitative easing (the new money) could
put the bonds on sale at their purchase price to cancel the new money when they
sell. They could cancel the interest paid on the bonds, say 2 percent every six
months, lowering the sale price of the bonds by the same amount: 2 percent
every six months, until they sell. Problem solved, no interest rate rise to
combat inflation.
See comments here:
[
plus613.net]
There's nothing natural or inevitable about the coming bankruptcies and
foreclosures. It's wealth transfer and was described from within the
'conservative' faction of Australia's Liberal Party in the late 1980's. It's
happening.
Anon Report This Comment Date: September 05, 2022 04:55AM
Those stars at the top let you vote.
Anon Report This Comment Date: December 05, 2023 03:01AM
I meant the comments here:
[
www.plus613.net]
The attempt at massive wealth transfer by flooding more money into the system
has caused a mess. I don't know if the Catillion effect actually works.
Looking at Mr Catillion's life and time, what he would have been exposed to,
suggests his perspective may have been limited. It's just my take on it.
One definition of madness is to try the same thing again and expect a different
result. The yanks are about to do that with their 'Inflation Reduction Act',
where you use inflation to reduce vast numbers of people to poverty - and try to
seize the economies of every country.
I think it was Quasi who posted the photo of homeless people living under a
bridge in that country? If that Act goes through you've seen nothing yet Quasi.
The rest of us will defend ourselves by booting yank investors and employees.
One, not the only, way to do that is to join BRICS. But China has suggested
copying the yanks and issuing a global currency through BRICS. I suggest they
don't do that.