Fed tried raising the interest rates back to what would be normal but still low levels and the banking sector went fucking nuts. When shit started to turn bad they saw an opening and took it. They could print money like crazy and let the dead weight be attributed to covid instead of monetary policy.
Like like 08 they kicked the can down the road but the runway is getting shorter and shorter. As there's only so long you can steal people's wealth before they figure out the scam.
They were desperately trying to draw down some of the first 3 rounds of QE printing. You can see the curve go negative near the tail end of 2019. The banking sector lost their shit when that happened, though, so they had to 1. stop reducing the currency supply and 2. come up with an excuse for why they were not only not reducing it, but also feverishly printing again.
Tada! Global pandemic! It totally exists, goyim! Ignore that all the “evidence” came out of a literal totalitarian communist regime that has lied about its economic numbers for decades! Ignore that there were simultaneous outbreaks in unconnected countries that just happened to be enemies of the ZOG-In-Washington! Ignore that the tests used to prove the number of cases can’t actually be used for that purpose!
The collapse of the global economy, which they put off by doubling the currency supply again. It’s literally that simple.
Fed tried raising the interest rates back to what would be normal but still low levels and the banking sector went fucking nuts. When shit started to turn bad they saw an opening and took it. They could print money like crazy and let the dead weight be attributed to covid instead of monetary policy.
Like like 08 they kicked the can down the road but the runway is getting shorter and shorter. As there's only so long you can steal people's wealth before they figure out the scam.
They were desperately trying to draw down some of the first 3 rounds of QE printing. You can see the curve go negative near the tail end of 2019. The banking sector lost their shit when that happened, though, so they had to 1. stop reducing the currency supply and 2. come up with an excuse for why they were not only not reducing it, but also feverishly printing again.
Tada! Global pandemic! It totally exists, goyim! Ignore that all the “evidence” came out of a literal totalitarian communist regime that has lied about its economic numbers for decades! Ignore that there were simultaneous outbreaks in unconnected countries that just happened to be enemies of the ZOG-In-Washington! Ignore that the tests used to prove the number of cases can’t actually be used for that purpose!