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The Inflation Crisis Is Worse Than Admitted
Almost $23 trillion in debt. $75 billion a day in REPO money printing . QE4 to the moon and back . Lets manipulate Yield Curve. Complete silence from the talking heads. When will some leader in the world, just say "Stop it!" It's beyond a joke now. The not so great USA nation and its banks are insolvent. We truly live in a post-truth world. The USA is worse off than Argentina in financial terms, by any measurable metric. The world is ignoring obvious insolvency and obscene money printing. Placing valuations on companies that bare no relation to reality. That strategy would result in balance sheet growth of roughly $180 bn a year and net US Treasuries purchases by the Fed (the sum of the red and grey bars) of roughly $375 bn a year over the next couple of years.' That's the strategy. Welcome to The Atlantis Report . I just listened to Powell. The Fed plans to purchase (finance/print/monetize) almost HALF of the US budget deficit for at least two years! In other words, expect more central bank bubble blowing while they ignore inflation! I was shocked that he spoke of inflation as a virtue!
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