“More and more people are starting to wonder if central banks like the Bank of England and The Fed can just ‘rip up’ the debt that they’ve bought via Quantitative Easing, and reduce the national debt of these countries with the stroke of a key. Asking this question, and thinking about the implications of it, is the equivalent of taking the ‘Red Pill’ of economics. If you start thinking about the possibility that the central bank could just rip up a government’s debt, with few negative ramifications, then you might start thinking about government finances in a totally new way that makes you uncomfortable.”
Related posts:
A Regional FED President Says the FED Is Not Inflating Enough.
Greek Perspective at Freedom Fest 2015
Ukraine Security Chief Blasted for Targeting Jews
The Ten Most Disturbing Things You Should Know About the FBI Since 9/11
Trump: 'Destroy' Texas state lawmaker who opposes asset forfeiture
Northwest Territorial Mint: Silver Bullet Bullion
Teen Spends 13 Days in Jail for a Pocketknife in a School Parking Lot
Government Healthcare Propaganda versus The Truth (Seniors Vaccine Edition)
'South Park' tackles the NSA, just not as expected
Israel and Iran: A love story?
Your Own Pacemaker Can Now Testify Against You In Court
When You Receive Your “Policy Cancelled” Letter, What Then?
US Interfered In Foreign Presidential Elections At Least 81 Times In 54 Years
San Diego mayor OK with a certain company's marijuana vending machines
EU Moves to Monitor Uploads, ‘Censor’ Memes, ‘Tax’ Website Links