Housing recovery has never happened, the central banks having been keeping the illusion ongoing but it is falling apart. US government and the central bank do not want the public to know about the real inflation, why because this would destroy their system. The Fed dropped the hint that the bubble is about pop.
The NAFTA negotiations begin and the elite start off with threatening remarks.
The first people to get the new money are the counterfeiters, which they use to buy various goods and services. The second receivers of the new money are the retailers who sell those goods to the counterfeiters. And on and on the new money ripples out through the system, going from one pocket or till to another. As it does so, there is an immediate redistribution effect. For first the counterfeiters, then the retailers, etc. have new money and monetary income they use to bid up goods and services, increasing their demand and raising the prices of the goods that they purchase. But as prices of goods begin to rise in response to the higher quantity of money, those who haven't yet received the new money find the prices of the goods they buy have gone up, while their own selling prices or incomes have not risen. In short, the early receivers of the new money in this market chain of events gain at the expense of those who receive the money toward the end of the chain, and still worse losers are the people (e.g., those on fixed incomes such as annuities, interest, or pensions) who never receive the new money at all.
Very interesting thanks for posting
Dave... You can now start posting your videos on DTube! When you do, just post a video on screwtube and redirect peoples to your DTube video here on Steemit!
It's censorship free! :D
Great insight as always. Didn't know you were on steemit will definitely be following you on here
Thank You Dave, allways look forward to your reports,
Thank you for your research and for bringing these reports to us, helping us to move forward with our lives and keep abreast of our country and out world.
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