Institutions that control monetary system understand the above and now the focus is on the inevitable – debt reduction.

 

There are two ways to reduce debt:

a) Direct bankruptcy (very unpopular as rioting people are hard to control).

b) Inflationary escape (much more destructive solution for the economy, lengthy in time. Preferred due to the fact that the majority of population do not understand what is happening and who is responsible for that).

Everything points to the second solution being utilised soon on a massive scale. Central banks all over the world lowered their interest rates to zero. The EBC is printing more than ever and rate hike in the US was a just one-time event and chances of returning to both ZIRP and QE are rising.

Quote from Trader21

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