>>19951093>changed the Fed's charter to allow them to buy all the toxic MBS and GSE crap during the '08 crisiswe no longer have 'capitalism' since 2008 and the central banks themselves are essentially insolvent since then.
the past 15 years have been Financialized smoke & mirrors to convince the world that 'solvency' still exists within global banking and financial assets.
Applies to everything from global investment banks, on down through national banks' balance sheets, real estate (commercial and residential) markets, corporate ledgers/stock buybacks, zero price discovery mechanism in capital markets anymore. Everything and everyone subsists, hinges on and anxiously awaits freshly 'printed' firehose of 'money'—debt note fiat currency—from private central banks which permanently enslaves citizens of all nations via their treasuries.