"How the Banks Make Money in a Financial Crisis" The Atlantis Report 11-30-2020
The Atlantis Report:
This is How The Banks Make More Money During Financial Crisis !!
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The Bankers make the most money when they are driving the economy into a financial crisis.
What they are doing is really an illusion; they are just pulling future spending power into today. The 1920s roared at the expense of an impoverished 1930s. Japan roared on the money creation of real estate lending in the 1980s;they spent the next 30 years repaying the debt they had built up in the 1980s, and the economy flat-lined.
Our economics is based on the assumption of profit maximization. However, what happens when this assumption is no longer valid when companies pay down debt at zero interest rates?
This is when the economy has entered a balance sheet recession. In such a situation, monetary policy becomes a largely useless weapon.
After years of monetary policy with limited effectiveness; we are now stuck in a QE-Trap.
Bankers use bank credit to pump up asset prices, which doesn’t actually create any wealth. The money creation of bank credit flows into the economy, making it boom, But we are heading towards a financial crisis, and claims on future prosperity are building up in the financial system.
The top 1% has access to unlimited free money at zero percent Interest!, unlike the bottom 99%.
For the full transcript go to https://financearmageddon.blogspot.com