Post
Topic
Board Economics
Re: Fed on brink of fifth(?) round of quantitative easing
by
Don Pedro Dinero
on 12/10/2023, 04:47:40 UTC
Think about it for a second (how the fiat Ponzi pyramid works): FED lends you $100 and expects you to pay back $105 after 1 year. Or a lot more after 20-40 years.

In the end we see the steady increase in debt that we can see on sites such as World Debt Clocks is a logical and expected consequence of the fiat system. The alternative is bankruptcy. When the $105 has to be paid back but only $100 has been printed, there are only two options: when the money cannot be paid back, accept a bankruptcy or print more, refinance and make the ball bigger, devaluing the purchasing power of the money more and more as a consequence.

Let us not forget that bitcoin was created precisely as an alternative system to this.