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RE: The Dangerous Economic Realities Created By Keynesian Economics and a Case for Hedging with Silver instead of Gold
Thanks for that info graphic, learnt something. My concern about the debt is that it's actually much more than that because banks can lend out 9 times or more what they have. So they could get some of those trillions and multiply it. Where's that graph?
I don't think anybody could even make a graph for that. Even that 9 times thing is based on 10% reserves. USSA is actually doing fine in that department compared to other financial asylums. Eurozone only has 1% requirement. On top of negative interest rates 99 out of every 100 Euros are fake. Then a bank can re-lend to another bank which would re-lend to another bank. China is actually doing relatively better with 17%
Source: https://en.wikipedia.org/wiki/Reserve_requirement