MCViewPoint

Opinion from a Libertarian ViewPoint

Banks Are Evil | Peak Prosperity

Posted by Martin C. Fox on March 20, 2017

https://www.peakprosperity.com/blog/107415/banks-evil

How much ‘thin air’ money are we talking about? The Fed and the rest of the world’s central banking cartel has printed over $12 Trillion since the Great Recession. Between the ECB and the DOJ, nearly $200 Billion of additional liquidity has been — and continues to be — injected into world markets each month(!) since the beginning of 2016:

As further proof, let’s look at this data recently obtained by Zero Hedge. In the past 4 years, JP Morgan’s in-house trading group has had exactly 2 days of losses:

Because for every trade there is a buyer and a seller. If JP Morgan is the winner every day, who is losing? Turns out, it’s the big pools of “dumb money” that don’t have the cheat codes for the system the way the banks do. These are the pension funds, the index funds, the retirement accounts — the aggregated money of all the ‘little people’ out there. Little people who don’t have visibility into how they’re being constantly fleeced; nor do they have agency to do anything about it even if they did.
Be seeing you

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