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Re: Image comments for The Catillion Effect - quantative easing - it's a wealth transfer, nothing more.
Posted by: Anon
Date: 05/12/2023 03:01AM
I meant the comments here:

[www.plus613.net]

The attempt at massive wealth transfer by flooding more money into the system has caused a mess. I don't know if the Catillion effect actually works. Looking at Mr Catillion's life and time, what he would have been exposed to, suggests his perspective may have been limited. It's just my take on it.

One definition of madness is to try the same thing again and expect a different result. The yanks are about to do that with their 'Inflation Reduction Act', where you use inflation to reduce vast numbers of people to poverty - and try to seize the economies of every country.

I think it was Quasi who posted the photo of homeless people living under a bridge in that country? If that Act goes through you've seen nothing yet Quasi. The rest of us will defend ourselves by booting yank investors and employees. One, not the only, way to do that is to join BRICS. But China has suggested copying the yanks and issuing a global currency through BRICS. I suggest they don't do that.

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