if you pour 85 billion a month into the economy where does it end up?
one thing you are doing for sure is speeding up the time when that currency would be worthless...
but if it ends up in the hands of banker speculators they can buy internationally all kinds of property and other values for nothing really because they are not paying for the money...they get it for nothing. we pay for it
even when the values fall they do not loose because the money has cost them nothing. according to the values so purchased they may fall against a worthless USD but they would still have international value.
lets say a water system was bought in Viet Nam with USD from QE..and lets say by march the USD has become worthless. the water system retains value but the holders of the USD in payment for that system now hold kakapool money.
what it means also chin entity, is that what you posting here about island finances is simply chat,
for wasting time at a childrens party over soft drinks.
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Hey dont insult my Kids...I thought them the game Monopoly from kindergarten and they sold
a whole heap of box chocolates to raise funds .
They were also the Prime Minister of their Students Council !
My kids had a better grasp on government issued bonds than Chin ! ::LOL::
all your talk accepts the status quo as valid and the means by which we can continue and be prosperous. that is absolutely wrong, unintelligent and suicidal
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the hilarious thing is , he does not even understand the status quo ... :-[
