Comment: Balony

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Balony

CNBC was a good place to publish this.

The FED is printing $60B/mo till 1915 - that is the fact. If money goes to private banks reserves, that means $4.3T/yr additional loans. The country can deal with that for some time. Since other nations will print in synch, collapse will be postponed and will be in a form of manetory reform where big businesses who are still independent (like Apple) will be forced to join corporatism with gov as its main shareholder.