• 6 hours New Allegations Against Huawei Raise Tensions In Tech Cold War
  • 9 hours Chinese Investments In the U.S. Plunge 90% Under Trump
  • 12 hours Mining Major Sets Aside $400 Million To Reduce Emissions
  • 14 hours Golden Ice Cream And Spiced Vodka: The Craziest Things Made From Gold
  • 1 day Can Twitter Sway Economic Policy?
  • 1 day Widespread Power Outages Hit New York City
  • 2 days Equifax To Pay $700 Million To Settle Data Breach Case
  • 2 days Netflix Struggles To Rebound After Subscriber Hit
  • 3 days $15,000 For Your Crypto’s Ticket To Visibility
  • 4 days The Next Fashion Frontier
  • 4 days What Is Africa’s Role In The New Silk Road?
  • 5 days Trump Was Right About The Dollar
  • 5 days Is Silver Gearing Up For A Rally?
  • 6 days World’s Largest Hedge Fund Turns Bullish On Gold
  • 6 days It’s Time To Spend More On Clean Energy R&D
  • 6 days Contrarian Investors Are Beating The Stock Market
  • 6 days Bulgaria’s Revenue Agency Falls Victim To Biggest Cyber Heist In History
  • 7 days Amazon Faces European Union Anti-Trust Probe
  • 7 days Commodities Are Having A Stellar Year
  • 7 days Bezos’ Next Big Project Could Be Worth $100 Billion Per Year
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

QE for The People

Helicopter Money (OMF) Coming During the Next Draw-down

The People's QE

FULL REPORT: Download pdf 41 Pages

The bursting of the 2000 Dot-com Bubble along with the 2008 Financial Crisis were wake up calls which frustratingly went unheeded.

Central Banks and Government policies expediently reacted to both with policies which can best be described as simply "Triage". The underlying problems were politically avoided, while the resulting triage has only addicted an already weakened economy to the morphine of liquidity injections and credit pumping.

The world's developed economies are now clearly on "life support", which has little hope of ever achieving economic resuscitation while the 'un-quarantined' global economies are infected with the disease of; political gamesmanship, market manipulation and patch work policy solutions.


Didn't Work - Made Matters Worse

Quantitative Easing in its' many derivations along with ZIRP, have failed miserably other than as immediate 'knee jerk' reactions to; failing structural global growth, unsustainable debt leverage, global imbalances and over financialization of a weakening capitalist host system not being properly treated.


Spin & Illusion - Artificial Life Support

The capitalist system's life blood is savings which comes from the wealth created by productive use of capital. When capital is used for consumption versus productive investment, the capitalist system is inescapably weakened with mal-investment. Like a fragile Eco-system, imbalances will quickly destroy it.

Unless the mal-investment is treated through managed "withdrawal" (dare I say recessions or depressions?) the problem inevitably gets progressively worse until the system catastrophically fails. Market clearing events are often the cardiac-defibrillator most required if the degeneration is left untreated for too long a period.


What to Expect?

Disappointingly, today we do not have the visionary nor bold political leadership required to address this spreading global problem. Therefore the path ahead is clear. Expect more and larger doses of the same 'morphine' and even more creative and destructive ways of avoiding the realities of the disease. The patient will remain on life support until yet another vital organ of the capitalist system fails.

Central Bank Options

Supporting Videos

 

Back to homepage

Leave a comment

Leave a comment