"There's no end to our ability to [flood the system with money]"
Poster Comment:
Somehow that does not make me feel good.
Neil Kashkari is allegedly a Republican. Served under George W Bush.
Kashkari Says Fed Has "Infinite" Amount Of Cash: "We Create It Electronically"
| Source: | https://www.zerohedge.com/markets/kashkari-says-fed-has-infinite-amount-cash-we-create-it-electronically |
| Published: | Mar 23, 2020 |
| Author: | Tyler Durden |
| Post Date: | 2020-03-23 07:54:12 by Horse |
| Views: | 517 |
#1: BTP Holdings To: Horse (#0)
The reason digital currencies are a threat is because they cannot be controlled the same way as physical cash. ;)
BTP Holdings posted on 2020-03-23 08:05:43 Reply Private Reply
#2: Anthem To: Horse (#0)
Hyperinflation was used to destroy Germany, Argentina, Zimbabwe...
Anthem posted on 2020-03-23 10:19:18 Reply Private Reply
#3: BTP Holdings To: Anthem (#2)
Absolutely correct. In Germany during the Weimar Republic you needed a wheelbarrow of Deutsch Marks to buy a loaf of bread. ;)
BTP Holdings posted on 2020-03-23 11:09:17 Reply Private Reply
#4: Horse To: BTP Holdings, Lod (#1)
Horse posted on 2020-03-23 13:27:51 Reply Private Reply