Interesting thread that explains the events of the last 19 months
(threadreaderapp.com)
Comments (16)
sorted by:
It's about money. If you want to understand what's going on in the world, follow the money. Always follow the money.
At the very top it's more than money. The Fed and WEF can make all the money they want. They have real plans on how they want to reshape the world. Calling them a Satanic cult of pedophiles understates the problem.
So much money it's meaningless, except as a means of power. That's an important step! What they want to do with that power becomes much more problematic as they gain more power.
Are you aware of SRA? The last thing those sick bastards need is more power.
Not bad but honestly reads like an advertisement for Bitcoin.
“Buy bitcoin and own the libs”
When the article said Bitcoin can’t be controlled, I knew this guy was just a Bitcoin shill, even though Chinese mining operations own a supermajority of all bitcoin.
That's probably the closest theory yet.
Why can't they raise interest rates? Higher cost for debt but more beneficial for storing money in savings, right?
Huge swaths of the economy depend on borrowing money cheaply to invest the borrowed money in things that will yield a higher rate of return. Not just in consumer spending but in business as well.
Blackrock doesn't necessarily want to spend a billion dollars on houses because that would mean they had a billion dollars worth of something that doesn't earn a return (cash) instead of a billion dollars worth of something that does (houses). They'd rather go to a bank and say "we have ten billion dollars worth of houses all earning 5%; give us a billion dollars at 1% so we can buy another billion dollars' worth of houses also earning 5%"
If interest rates go to 6% that doesn't work anymore and would cause major problems when the loan term ends and they have to roll over the principle into a new loan. Because the principle on the loans never gets paid back for the same reason they were taken in the first place: the money is worth more re-invested in the business than being used to pay down the loan.
If an Austrian economist could wave a wand to fix things, what would be the best course of action? Ending the fed and creating a currency backed by precious metals?
I'm not smart enough to know what the solution is.
I'm guessing that the modern economy needs cheap money to function. Raise the rates, money becomes "expensive" and therefore hard to get. Companies will start gutting all the wasteful employees in the process, and you'll end up with the diversity squad rioting in the streets as everything slowly dominoes out.
Disincentives spending/investment. This further dampers the economy and leads to deflation.
alternate pic
This troll cunt is back?