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75 sats \ 7 replies \ @TomK OP 3 Apr \ parent \ on: US: is this the beginning of yield curve control? econ
in my press research this morning in the european press, I found nothing about this. so it is urgent
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Do you think the U.S. will go Japan's way? Or is it simply unfeasible for them?
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If that's true, disaster is inevitable, but Japan has delayed it for a long time, do you think all countries will do it this "well"?
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as things stand, the central banks are trying at all costs to keep volatility on the stock markets low through massive interventions, liquidity injections and government bond purchases. this naturally discharges itself through volatility on the street, mass impoverishment through inflation etc - all the problems we always discuss here. and this is the path that all states will take in the fiat money system. There can be no state bankruptcies or debt cuts in this monetary system for balance sheet reasons without triggering the most serious banking crises.
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But therefore there will be increasing discontent on the part of the middle/lower-middle class (if it still exists in the future) and the lower class that is getting poorer constantly, then that could cause a collapse in my view as well.
Here we could say that Bitcoin would solve that to some extent, but I think that even being advanced in this problem, people would still not see the reality, since people as they say in my country just want bread and circuses.
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