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RE: DID OUR "WORLD LEADERS" JUST PUSH GLOBAL RECESSION AWAY from our doorsteps?

in #economy5 years ago

Something to think about; what are they printing? What are they not printing? The debt can never be repaid because they are printing principal, but they aren't printing the interest. Zero sum game? There is more debt than money in many cases, and every time they print a Euro, Dollar or what have you, the one in your wallet is worth just that little bit less and the price of a Liter of Milk magically goes up.

We saw this before in 1920's Germany, and you couldn't put enough money in a wheelbarrow to buy another Wheelbarrow. This has also been repeated in other countries throughout history, yet somehow few seem to catch on and keep using this easy money from nothing. I have a few million Intis from Banco Central de Peru in 1990. They are worth less than the paper it's printed on.

Sobering thought I hope. Greetings.

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Dear @onnovocks

I'm glad to see that you're still around. I remember you mentioned that you've been targeted and flagged a lot. Did this problem go away?

Yours
Piotr

Unfortunately the answer is no.

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