In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.
Options
Bank of International Settlements Issues Warning
Looks like the Central Banks are going to crash the system soon.
serf
If this tightening generates massive losses, generates massive asset corrections, and that contaminates consumption, investment and employment - of course, that is a more difficult scenario.”
World markets are already suffering one of the biggest sell-offs in recent memory as heavyweight central banks like the U.S. Federal Reserve - and from next month the ECB - move away from record low rates and almost 15 years of back-to-back stimulus measures.
Global stocks are down 20% since January and some analysts calculate that U.S. Treasury bonds, the benchmark of world borrowing markets, could be having their biggest losing first half of a year since 1788.
Comments
???? - Crash the system or shore it up? Would you rather they do nothing but sit back and not try to control inflation and perhaps recession? My meager economics knowledge indicates that the only way out of our current economic woes is to put the brakes on the cheap money supply. Less cheap money = less spending = less demand = lower prices until the supply can catch up to the global demand for goods. Cheaper money = just the opposite. Maybe you think we should repeat past mistakes like happened in the Weimar Republic in 1923? Money so cheap and worthless that it took a wheel barrow full to buy a loaf of bread. Or perhaps you prefer the recent Venezuela socialism results? Do you want that 5 dollar bill in your pocket to be worth a loaf of bread or just a slice? Decisive banking actions are the only thing that may stop or at least slow this rampant inflation problem.
If your supposed NWO wanted to take over, all they would have to do is sit back and allow the rampant inflation to continue. Trying to stop the inflation seems to be counter to the theory of NWO world domination. Bob
More smoke and mirrors bob. Take out private bit - coin type transactions and set up CBDC (Central Bank Blockchain Digital Currencies,Instead.
Have totally control of all currency transactions with taxes and other options world-world wide is the goal. The Knight Templar's have been playing the banking game for a long time over there in Switzerland. The NWO bankers are coming.
serf
https://finance.yahoo.com/news/world-central-bank-blockchain-digital-081300348.html
CBDC will support faster and cheaper cross-border payments. The settlement process moves from two days to several seconds, creating a less costly, more efficient cross border settlement process. The CBDC is the pin-ultimate digital advance, digital currency. The aim is to create a stable value digital currency that can be used for cross border settlements.
()
Methinks you misread the article you linked to. Banks want to be able to move currency more efficiently with crypto and even now there is very little physical currency exchange. In case you hadn't noticed, private crypto hasn't done very well lately but that is a different entity than what the article is talking about. Also, the Knights Templar may have started the second trans country banking service , ( the Chinese were first ), but they are only a footnote in history and long gone. Nope, you'll have to come up with a different boogeyman to blame your fears on. But don't worry there are plenty of candidates out there like the Masons, Skull and Bones, Bilderbergs, Illuminati and others too numerous to mention. If all of these are trying to create a NWO and have been around for centuries, they sure have been pretty ineffectual. Bob
Royal families and banking families have run the world's trade for centuries and democracy is another tool they have used to make us think we have a choice.The law of the sea is the main progenitor of international and domestic trading with commerce laws Bob.You need to get a clue here. The hand that move the world politics is orchestrated.
Only winning a world war would change the chess pieces, on the board, believe it or not The Swiss are The international bankers. Maybe Russia and China could be the new wild card but out of chaos comes order The NWO
You logic here is circular nonsense.Just follow the new money game and there is the linear structure that lies.
serf