Harvard economist Reinhart: Central banks doing pols’ dirty work on debt “…Reinhart argues governments are incapable of reducing their debts and that central banks are now stepping up to resolve the crisis themselves. …everyday savers will pay the price.” Quantitative easing is stealth taxation, inflating away the debts so the pols can duck the issue. Weaseling from behind.
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What happens when they run out of other people's money and printing more money wont work?
They'll have to give us back the gold they stole.
You idiot. There is no "stolen gold" and if we went back on a gold standard for our monetary sytem, we would all be broke. Even the bigwigs. THat ship has sailed. Join the 21st century and start trying to find some solutions, rather than constantly repeating your view of the past.
Those banks directly controls governement spending, every single dime spent have to be borrowed from them.
When the Hungarian governement tried to have an influence on its central banks, not nationalize them, EU threaten sanctions and makes accusations of anti semitism.
IE: They stole our gold...
They stole our gold!!!
STFU stupid.
Eenie meenie chili beanie the idiot is about to speak. Is it a friendly idiot? Just listen!
LOL!!