Tuesday, 30 April 2019

Americas next financial crisis

Anyone who knows about the practises of the federal reserve (which includes fractional reserve banking, the creation of fiat currency, etc) knows that Americans entire financial system is fundamentally unstable. This fraudulent banking institute had its genesis in 1913, and is controlled by private interests (not the government). Since then, they have systemically undermined the purchasing power of the U.S. dollar through incessant inflation. More importantly, the system through which the federal reserve monetises debt -through the purchase of treasury bills- has led to the explosive increase of Americas national debt. It is mathematically impossible to repay this debt, and will eventually cause an catastrophic economic collapse. The 'easy money' that became available with the advent of quantitative easing has encouraged many corporations in America to make reckless financial decisions, all in the interest of short term profit. This has made the entire nations economy volatile and unstable. A bubble waiting to burst.

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