>>19950984Money is valueless w/ infinite quantities of debt note fiat currency from private central banks which supply the post-1970s Financialized autofac.
it created brand new, never-existent-in-human-history speculative instruments, derivatives, CDOs, options that confect 'money' and 'assets' out of *NOTHING*.
After 2008 'capitalism' no longer exists, none of us would even be here posting or internet servers existing without endless supplies of debt note fiat currency from private central banks.
Remember that the Aug-Sept 2019 overnight repo crisis of the WS investment banks being unable to cover their overnight transactions,
was the beginning of our current economic collapse.
from Sept 2019 to Jan 2020 almost $1 trillion in bailouts were 'printed' to prevent a 2007-style credit freeze (what would've occurred without <--that bailout) happening and instant Mad Max at your local grocery store and bank.
Elizabeth Warren herself was on Capitol Hill "what the F is going on here"
magically, though in January 2020 along came covid :
and with it $13 trillion more in 'liquidity' for HNW entities, investment banks to continue their Financialized artificial casino entirely removed from the Real Economy of goods-services-commodities which we all subsist in.
Must watch : what is 'money', how is it created —
https://www.youtube.com/watch?v=XcGh1Dex4YoThe Money Deluge —
https://www.youtube.com/watch?v=t6m49vNjEGshttps://en.wikipedia.org/wiki/Financializationa few recent threads where (You) can all learn more about how the global economy *actually* works, post-1970s Financialization, and central banks :
https://archive.4plebs.org/pol/thread/460973514https://archive.4plebs.org/pol/thread/461876960https://archive.4plebs.org/pol/thread/460972725Century of Enslavement : The History of The Federal Reserve
https://archive.4plebs.org/pol/thread/451293951>The Money Masters Full Documentary The rise of the bankers [3h29m]https://www.youtube.com/watch?v=T2i6uftJhB8 