We have been told here that the problem with the pump priming exercise we have engaged in for some time now has not been as effective as it could be because we did not go all out .
We are about to watch that theory come under test as the Bank of Japan embarks on a QE exercise that the Fed can only dream about . The Bank of Japan announced that it will boost its buying of Japanese government bonds by 50 trillion yen ($520 billion) “Total expansion of the monetary base will be about 10% of Japan’s gross domestic product.”
That is 47 percent larger than anything Ben Bernanke has ever tried. “To put that into perspective, the Federal Reserve’s $85 billion in monthly purchases of U.S. government bonds and agency-backed mortgage securities amount to 6.8%” ZeroHedge writes, “Japan’s QE is the equivalent of the Fed monetizing $200 billion per month.”
Japan Gets A Jolt As Kuroda Goes With Q.E. That Would Make Ben Bernanke Blush - Forbes
This comes after a 2 decade period of deflation so perhaps there is somelogic to this move. China is also desperately devaluing the remimbis; increasing the money supply by 60 trillion remimbis, the equivalent of $10 trillion dollars.
Also the EU is about to fire up the printing press.
ECB to launch second wave of euro 'quantitative easing' | Business | The Guardian
Monopoly money for everyone! Trillions of dollars, euros, yen and remimbi!! Enough paper money, if laid end to end, to reach to oblivion.
Soon they will be saying ;'a trillion here ,a trillion there... soon you are talking about REAL money'.. . Not .
Emperor Zero has a plan.. His new budget opens the barn door for screwing people who invest in private retirement plans. Oh ,he claims it is a hit on 'millionaires and billionaires ' . But as we have seen in his tax rhetoric it soon becomes 'the wealthiest among us' and then he goes after middle income earners money. The bottom line is that there will never be enough money to confiscate to pay for the massive debts the governments are accumulating .Thus the plan is to hyper -inflate and pay the debt with toilet paper.
The good news is that since the introduction of plastics ,we no longer have to carry paper money in wheel barrels to pay for the necessities. The government can still manipulate the figures to pretend there is no inflationary effect caused by their polices .The sheeple believe them just like they believe that the unemployment figures from yesterday were the result of the sequester... or even better ;that retail stores suffered because it was so cold that people delayed their purchases of spring items.
