njparkin

 
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  • njparkin
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    Excellent.

    Reading through the comments it seems to me you get far too few plaudits.

    The piece resonated with me on so many levels. Thank you.

    in reply to: Facing the Future – Mitigating a Liquidity Crunch #10058

    njparkin
    Participant

    Why could the Central Banks not deposit $10k in everyone ‘s bank account with a key stroke or better yet insist on 10ks worth of debt repayment. If you are debt free, good luck to you. QE for the masses if you will. (or $100k) This would be a POWERFUL tool for the mitigation of a liquidity crunch.

    History is cited throughout this article but ‘Cenrtal Banks’ have always sacrificed the currency to keep ponzi going? Why would they not today?

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