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  • and these the Central Bank and the Federal Reserve, they have these really cool sounding names, but it's really hard for most people to understand what they really are, right?

  • There are these strange kind of like shell entities.

  • And behind the scenes, most people don't really understand what's happening.

  • Well, it's a group of private bankers.

  • And up until recently, central banks were not joined together.

  • You know, different countries have different central banks.

  • So you see a lot of dynamic interplay between different countries would raise rates, other countries with lower rates.

  • And there it was kind of a holdover from the mercantilism from, you know, a couple 100 years ago where there was more strategic game going on with the people's with with sovereign countries.

  • But starting in the 80s, they became all fused together into one global central bank.

  • No, me Prince writes an excellent book on this called collusion or and she was a former goldman Sachs banker and she describes how all these banks are colluding now.

  • So the global central banks, there's six or seven the major major ones, you know, they are now basically making a run at taking complete control of the global economy using the free money that they print.

  • And, you know, it's funny because they keep saying they're trying to fight deflation because the central bank sees deflation.

  • They say, oh, you know, there's too much deflation, We need to print more money.

  • But the joke is that the money printing causes the deflation, so they know this, but the mainstream media just, just repeat what they hear the mainstream media will say, the central bank is going to print more money to fight deflation.

  • But in fact, we know now without any, there's no equivocation at this point that this money printing is causing the deflation, which is what they want because it allows them to buy all these assets much cheaper, which is what they're doing.

  • So now into the mix of course, comes Bitcoin, you know, and I think that's that's the big, you know, savior for for everyone going forward because of everything that it offers.

  • But you know, ah to finish at this point, um I don't see any any stop to the current trend of central banks printing trillions and buying up and taking private the public domain, taking private democracy, taking private everything really.

  • Yeah, my mom, wow.

  • Still more more.

  • Mhm.

and these the Central Bank and the Federal Reserve, they have these really cool sounding names, but it's really hard for most people to understand what they really are, right?

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B1 deflation central central bank printing private bank

MAX KEISER On What The CENTRAL BANKS and FEDERAL RESERVE Do ? (from 2020)

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    林宜悉 posted on 2021/10/30
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