Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

July 28, 2019

"Zero" and "Negative" Interest Rates


    Pundits say we're on the verge.  Sovereign governments across the globe are issuing paper that either pays nothing to suckers forced to buy it, or makes hapless victims fork over their own money to deep state grifters on a periodic basis to hold it.  Massive amounts of paper.  Fake news calls the scheme behind these cons, "zero" or "negative" interest, and tells us our own unelected bureaucrats will be springing some of this shinola on you and me soon.

     Valued subscribers, free markets in sovereign securities are long gone.  The sting revolves around governments fixing those prices by selling bonds to themselves.

     When one arm of our federal government buys paper issued by another arm, just look to consolidating journal entries in accounting to figure out what's up, and the reality is easy to spot.  A twin-headed mutant monstrosity.  What's created here are dollar bills, not securities.  They're printing money.  And where the double-talking crooks trick citizens into paying periodic fees to the swamp for the privilege of holding these abominations in an investment portfolio, the miscreants throw in a tax on investor capital.

     There's no such thing as "zero interest" and "negative interest" here, just money printing and the outrageous capital tax.

     Slime creatures won't even address their deficit spending, the core problem in all this, let alone fix it.  Instead, they're coming after you and me, and, by repressing inflation for the moment with a twin-headed mutant monstrosity, will get your kids to foot the real bill sometime in the ugly future.