Post by
garyreins on Apr 22, 2024 8:49pm
CONSPIRACY THEORY? YOU DECIDE!
Further to TorontoJays post, the most impacted by high rates is in fact governments and their deficits, especially going on a covid spending binge. Lets look at the facts.
While Quebec was telling you the virus only comes out after 8pm with their "curfew", and that you needed a "passport" to eat a big mac in Mcdonalds 2.3 years after covid started, governments were laughing it up raining money & stimuls from the sky, while the supposedy economically savvy central bankers in every country gave you the inflation is 'transitory' scphiel, and when Trudeua or McKlenn asked about this on tv, trudaue cockly responds "rates are AT historic lows!" while McKlenn also avoids the question saying no intention to raise rates any time soon.
Fast forward, covid disappears over night, they jack up rates like crazy to highest in 20 years, dead set on landing this inflation figure back to 2% even though its essentially supposedly there, regional banks tumble, an emergency fed program is needed to support banks, and Bank of america supposedly has 100 billion in bond losses, while real estate and bond prices are marked down quicker than GFC times.
But no conspiracy here...now governments have huge amounts going to service debt, some would even say unsustainable, 33 trillion in debt....lol. CRE loans are coming in big, and the central banks and their media bosses still want to remain fixated on this monthly CPI figure as it wobbles between 2.5-4%, while the world is turning just fine the past 3 years regardless.
What I see is an orchestrated attempt to crash the system, and bring in a digital currency, abandoning the fiat!!!!!!!!!!!!!
They cant all possibly be this stoopid
Comment by
DZtrader on Apr 22, 2024 8:57pm
"stoopid"....................stupid ...............hmmmmmm!