The Federal Reserve after 2008
started printing money like never before
in world history. Interest rates went to
the lowest in world history and in some places they even went negative as
other central banks followed America's
central bank. The Fed's balance sheet alone increased by 500% and this all happened in 10
years.
It's astonishing
historically that this could ever happen
if we were talking 20 years ago, 50 years
ago or 100 years ago. If we said this would
happen people would not have believed, they could not comprehend it because that's not what central banks and
responsible people have ever done.
So the
American central bank went nuts did
something which has never been done
we're all gonna pay the price. The debts keeps running higher and higher and now they're backing down again. The longer they wait to correct the
situation the worst it is going to be in the end.
