Japan recently went ‘eyeball deep’ with QE… China is pumping 500 billion yuan into their sputtering banking system, and now Europe wants to ramp-up a new monetization scheme of their own.
ZeroHedge 11-17-14 – Excerpts: Yves Mersch (Luxembourg), ECB Board member, today floated the prospect of additional (creative) ECB balance-sheet expansion measures to combat low inflation.
Mersch declared: “Theoretically the ECB could purchase other assets such as gold, shares, ETFs to fulfill its promise of adopting further unconventional measures to counter a longer period of low inflation.”
Global Central Banks naturally believe that ‘all roads to economic prosperity’ involve banking system as primary recipient in the of liquidity infusions and banking system control in the allocation of assets.
Nothing could be further from the truth.
Six years of Central Bank ‘solutions’ have led to nothing more than inflated stock prices, rising food costs, skyrocketing land prices, and economic stagnation.
It is time for ‘real people’ to be granted the same direct access to liquidity that the leverage-speculation-addicted banking system received (2007-10) to get themselves… ‘healthy.’
It is time for ‘citizens’ to allocate resources to regain their own ‘health’… and to restore economic liberty.
It is time for powerful new set of “unconventional measures” to be unleashed.
The Leviticus 25 Plan 2015 – The $70,000 Solution The Leviticus 25 Plan 2015 (626)