Central Banking and Not Crypto Currencies is the Biggest Bubble of Them All.

in #money8 years ago

In this report I argue why the central banking system or PhD standard is the biggest and longest running financial bubble and how its bursting will most probably and hopefully lead to its demise.

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Totally agree with you on this 😀

@maneco64
You are right. All we can do at this point is position ourselves to avoid the coming calamity. How soon is anyone's guess.
Thank you for your insight and willingness to share.

Francis

Hi Francis, Thanks. Will follow you and upvoted.

Thank you for your reply and upvote. I appreciate it.

Francis

I watch your webbot reports on youtube. Glad to see you on Steemit. Thanks for the great video! resteemed , upvoted and following!
Peace and happiness from Vietnam!

Thanks. Same to you. Will follow you on steemit too.

Thanks maneco64.

"They call it science but its voodoo"...Made my day :P

I am feeling your passion

The current system is a house of 'credit' cards. When the system falls, it will hurt! However I agree, a huge collapse is a healthy event.

The financial system is fucked. they just print money when they need more. The house of cards will fall apart soon and when it does you better hold onto your cryptos because they will explode in value.

I agree and so will the precious metals.

The MSM loves to say crypto currencies is in a bubble, but the real bubble is in the housing market, the stock market and the bond market. Thanks for the info maneco64.

@halfscreen You are welcome. This current fiat money or central banking bubble is the Big One in my opinion.

I agree. Fiat money has about a 100% failure rate throughout human history. I guess they will do the same with the U.S. dollar.

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You're on fire today, excellent comments. Totally agree with you. Love the monkey impression :-)

@pjw Thanks. The monkey analogy was the first thing that came to mind.

I see they're pumping up the USD/JPY currency pair again to take down gold. Amazing how obvious that correlation is once you're aware of it (thanks to you). Amazing weakness in the USD index and gold doesn't rally hardly any. How long will this go on, very disheartening

Yes I have noticed that. It's almost like the bankers use the usdjpy as signal to manipulate gold.