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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.80+0.2%Nov 3 4:00 PM EST

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To: TobagoJack who wrote (150066)8/16/2019 6:21:23 AM
From: THE ANT1 Recommendation

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dvdw©

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Its all so silly, I heard Christine Lagarde on the news the other day saying she would be the most famous woman in the world if she knew why central banks can not create inflation. I raised my hand and told her but I don't think she heard. I said there are two types of money in the capitalist world : borrowed and non borrowed and the main way to create money is via new debt. When the non capitalist world joined the capitalist the new money created to accommodate them was debt based sending world DEBT/GDP to record highs. The previous non capitalist world also brought their production with them sending the world towards deflation (technology/productivity also helping) The world needs more unencumbered non debt money and the US with the world reserve currency need only print it into place via temporary MMT sending the ratio of non debt money to debt money higher. Once productive capacity is fully utilized MMT should be shelved until the next crisis. The Native Americans had a round Mayan calendar and yet never invented the wheel. We people are so blind. Get TMF until they see and then GDXJ
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