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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (115834)	1/26/2016 7:23:34 AM
From: carranza2	Read Replies (1) \| Respond to of 219903

QE is the problem, not the solution.

To: elmatador who wrote (115834)	1/29/2016 3:40:23 PM
From: John Vosilla	1 Recommendation Recommended By 3bar Read Replies (2) \| Respond to of 219903

Brazil now seven quarters in recession with over 10% inflation and 14% short term interest rates even with total collapse in commodities. . Quite a different picture from China or USA. So which fork in the road is taken ? Deflation? hyperinflation? Looming Economic ‘Reset’ Should Terrify Investors Although treated almost as gospel in the West, Keynesian theory is a relatively new development in the long history of economics. However, its backwards ideas are pushing the world to a global economic ‘reset’. As opposed to traditional economic practice (sometimes referred to as the “hard money” or “Austrian theory” school of thought), followers of Keynesian theory eschew such common sense notions as working hard, saving hard, spending frugally, and avoiding debt wherever possible. Instead, they adhere to the paradoxical notion that borrowing from strangers to buy whatever you do not already have is the key to happiness and joy. One cynic described Keynes’ theory as “building a new skyscraper by borrowing bits and pieces from existing skyscrapers. You end up with an entire city of dysfunctional and lop-sided buildings, not one of which is straight or true.” Pundits have also noted that the only real problem with traditional or hard money economics is that it is boring. Basically, over time, it simply works, it does its job. Throughout history, nations and cultures have thrived under this theory. If a recession or retraction occurs naturally, the savings the society already has will get everyone over the hump. Boring, boring, boring. A country run by Keynesians, on the other hand, has more action than an “Xbox” game. At the first sign of any economic problem, the government and its banking pals intervene with the enthusiasm of an NCAA linebacker just back from Spring Break. And they just love their euphemisms. Printing money (creating more debt) becomes quantitative easing, or “QE.” Printing less money today than they did yesterday (less new debt at the time, but still more debt) becomes “tapering.” Offering no interest whatsoever on bank deposits you leave with them morphs into the lofty-sounding “monetary policy” of “ offering an interest rate equal to zero,” or “ZIRP.” And so on… Also, in the magical land of Keynesianism, banking itself changes. No longer the dull, prosaic trade seen in hard money economies—in which it’s a profession comprising mere agents and facilitators—bankers in a Keynesian system actually get right onto the playing field and become part of the team. Read more: globalcurrencyreset.net Follow us: @globalresetguy on Twitter