easing (3)

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A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air

One of the Main Causes of Our Economic Problems

 

Source:

Washington's Blog

January 15, 2016

The central banks of the United States, England, and German – as well as 2 Nobel-prize winning economists – have all shown that banks create money out of thin air … even if they have no deposits on hand.

The failure of most governments and most mainstream economists to understand this fact – they instead believe the myth that pe

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Forbes Reports:
3/17/14
 
"...The Federal Open Market Committee (FOMC) expects the taper of the Quantitative Easing to continue. Economists expect the Federal Reserve to cut another $10 billion from its monthly asset-purchase program at its two-day monetary-policy meeting, lowering its monthly bond buys to $55 billion.
 
The FMOC meets Tuesday and Wednesday, and it will be the first one overseen by new Fed Chair Janet Yellen. Bond traders will focus on the commentary that accompanies the decision, wh
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Risk management can be a paradox in nature and this often leads entire communities, perhaps society at large, to entertain red herring solutions for systemic threats.
 
Today, I can see at least three man made ills which may be killing us broadly and as a global community in the long term. We should perhaps rethink carefully what we are trying to achieve at times because we may just find our first desperate attempts to resolve the unwanted, could result in dilemmas that are far worse than the shor
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