The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (4244)	2/15/2020 6:27:34 PM
From: Maurice Winn	of 13801

It was the Federal Reserve MMT = Magic Money Tree actions that caused the Global Financial Crash of 2008. To think of themselves as saviour and financial engineers is absurd. Actual engineers could run a fiat money system better. Bernanke helped pioneer some of the extraordinary measures the Fed used to pull the economy out of the Great Recession. Negative interest rates will lead to abandonment of the hopeless government MMT. No wonder bitcoin is soaring. Bitcoin is a waste of energy, slow, insecure, unreliable and inefficient but it's less bad than MMT. Mqurice

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