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Re: Image comments for Into a corner
Posted by: Anon
Date: 23/06/2022 09:55AM
Pulse, that's supply, demand and price gouging, simple yes, but I'm not arguing with what you're saying, you're not addressing the fact there's a massive amount of new money in the system that's not being withdrawn. I don't even come across talk of the interest paid on those government bonds bought with it being cancelled, or used to pay down debt... nothing.
I don't know if changes in governments will change the path nations are on (here in Australia the new parliament is launching a much needed review of how our reserve bank works (direct investing new money in the stock market to fund sovereign wealth funds will be far better than lending it to banks. Once again prohibiting our companies from raising funds from abroad will also repair a fragility a former parliament built into the system).
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