We are at a tipping point where the global economy is shut down and countries around the world are flooded with dollars of which the effects are hidden under the guise of zero currency velocity. The expansion of the money supply has long correlated to asset inflation and the long slow grinding of bond yields toward the zero bound since the 70’s. Is it merely a coincidence that the effects of these policies result in those closest to the money owning a bigger slice? Or is there a plan to own it all.
10 Feb 2021 2 minute read 1 comment Spaced Man
Many people do not realise this but if the whole world were to pay off its debt, there would exist no more currency because the interest that is to be paid back extracts more currency out of the system than ever existed in the first place. Thus witho...
