Central Banks' and Governments' Efforts to Stimulate Will Be In Vain.
Today's report I reference a video I did on January 30, 2020, in which I pointed out that what has now become a full-blown crisis could actually be the Black Swan and that Central Bankers' efforts to deal with it would not be successful.
It is my opinion, that the monetary stimulus we have seen since my video back in January and also the fiscal stimulus we are now seeing will not help the financial markets nor the economies respectively.
I point out that in the 1930s the Federal Reserve and also the U.S. government had a lot more monetary and fiscal ammunition than they have in 2020. My conclusion is that all over the world these policymakers used up most or all of their ammunition after the Great Financial Crisis of 2008 and that the world is drowning in debt. So we should not expect a successful reinflating of the markets and economies going forward.
January 30th video:
"Gold Is Security and Safety", Says Oliver Temple of Gold Investments.:
National Debt by Year Compared to GDP and Major Events: https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287
US monetary and fiscal policy in the 1930s : https://academic.oup.com/oxrep/article/26/3/385/373434
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Thanks again, Maneco64. As good as the $2.1 Trillion stimulus check ($1,200) sounds, a year of individual income tax exemption is better. And there is talk of more than one stimulus. Not to be confused with corporate tax. Check it out.
Have you thought about posting on https://hive.blog/ ?