Time value of money disappears
In this episode of the Keiser Report, Max and Stacy discuss the mainstream financial press turning to the metaphors and analogies the Keiser Report started using a decade ago about the obvious blackhole of debt that would put central bankers into a quicksand of negative rate policy trap. A full 25% of global sovereign debt is now negative yielding with a whopping 85% of German debt negative. This means that the time value of money has disappeared, hence a fundamental law of monetary physics has been broken. So, what is next? They look at the historical break from gold which had provided an anchor to time value, and how that hurtled us over the debt event horizon and into a negative yielding world. They also look at a recent exchange between a CNBC host and the treasury secretary on bitcoin and the dollar.
{A full 25% of global sovereign debt is now negative yielding with a whopping 85% of German debt negative.}
When you apply this to, say, government bonds, as Max explains, you end up paying for the negativity over making interest on the bond. If you've been following the post about Deutsche Bank in Germany, they are facing this problem now.
Cash isn't used to be laundered or in nefarious ways all the time? Are you fucking serious!?! Just look at the guys face opposing his argument. Priceless. 21 minute mark. This is coming from our present United States Secretary of the Treasury, an American political activist and investment banker. [en.wikipedia.org]
LOL is quite mild! Down right scary!
At the 4 minute mark Stacy leads Max into a scenario he describes as neo feudalism. It relates to a Pentagon video I've posted a couple of times obtained by The Intercept. Which I would argue leads us to believe that rather than confronting this fake manufactured economy of the ruling class, we are purposely being lead towards our own large open air like imprisonments such as the Palestinians. Below. Lets all hope Stacy is right though!
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Feel free to reply to any comment by clicking the "Reply" button.This has always been the nature of our economic system. Whenever you have interest there is a certain point where the debt can't be paid off because of the interest. I think right now we're only able to pay off the interest. Anyone from the beginning of the system with half a brain could have figured it out. It doesn't take a financial genius. When you start off with paying interest on the first dollar then where is that money coming from to pay off the interest? They keep printing money and it gets devalued. You don't print more money and you can't pay off the debt. Soon enough the system collapses.
I read about an economic reset called the Global Monetary Reset or the Global Currency Reset, but it would mean the dollar is no longer used as the reserve currency. The U.S. would become a 3rd world nation while other nations who transfered to the new system would reap the benefits. Why do people think the U.S. has been doing what it's doing over the last AT LEAST 20 years? They're preparing for it by dominating everyone else militarily and trying to destroy their economies. When the time comes, the U.S. will not hold anything back and it WILL start WWIII in my opinion.
...but I guess whatever the bankers decide is what goes. They might just decide to leave the U.S. in the dust and put their influence behind some other nation. Like I said before though, the only other capitalist nation really capable of that transfer right now is probably only India.
Countries that are considered our "enemy" are all selling or want to sell their oil in other currencies besides the petrodollar. Russia, Iran, Syria, China, Venezuela.
It's also why the military budget keeps getting increases every year, and also why Democrats keep voting for it too.
Iraq changed the currency it traded it's oil in to euros in 2000. After the U.S. invaded them in 2003 they changed it back to the dollar.
The U.S. wants to be the biggest holder of oil so they force other countries that need it to have to be able to buy it with the U.S. dollar. Russia is the U.S. biggest competitor to supplying Europe with oil.
People won't believe that Russiagate is a sham.
Piece2YourPuzzle
Level 8
July 28, 2019
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Your last paragraph relates to my theory of the UK possibly still being the head of this state of being. Along with our "founding fathers" transformation to the new world, also came the capitalist system they left behind. As it was then breaking out of a merchant class type of system and transforming towards capitalism.
(ironically, after centuries of war, Britain finally lost her superpower economic status to a former colony and a close friend – the USA).
One would play hard to convince me that, that friendship isn't strongly relative to today with the City of London's power still calling the shots in our own city of London, Wall Street.