Deutsche strategist forecasts economic carnage followed by “Helicopter money”… America needs a powerful ‘insulator’ strategy: The Leviticus 25 Plan

A Deutsche Bank strategist sees financial carnage ahead…

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Deutsche: “Once The Carnage From Higher Rates Hits, Then We Move To Helicopter Money”

ZeroHedge, July 11, 2017 – Excerpts:

Deutsche strategist [Jim Reid] recapped his bigger picture thoughts “on government bond yields given the sell-off of the last two weeks.” Hardly surprising, he goes along with the consensus, and expects yields to rise as more central banks turn hawkish (for reasons we have discussed on countless occasions, most recently yesterday) although what is interesting is Reid’s take on what happens after the initial reaction, and it’s here that the gloom descends because in a world with 327% debt/GDP

… higher interest rates are simply unsustainable, the endgame is one: “at some point a government spends big and yields start to rise faster. This could still be many quarters ahead but if and when it does happen central banks might have to intervene and cap nominal yields to avoid carnage in a heavily indebted world. Then we move towards helicopter money…”

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“Helicopter money”… as a calculated response to a devastating liquidity vacuum would be a chaotic, after-the-fact reaction to a potentially crippling crisis.

What America needs, now, is powerful, protective insulation from such a liquidity crisis.  And that means massive debt elimination at ‘ground level.’

The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits and massive debt elimination for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2404)

“He who will not apply new remedies must expect new evils.” – Sir Francis Bacon

 

 

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