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Liquidation Risk Threatens Banking System Collapse! - Steven Van Metre

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When any government debases its currency, there will be inflation. Back in the old days people could be blinded or executed for clipping coins, but the government does that when it cheapens its currency and spends more than it can produce. Raising interest rates to curb excessive inflationary government spending is nothing more than wealth confiscation.

Thank you for quality programming. What you are describing here is accurate – the flight to safety to the US stock market and dollar. This is what is keeping the market going at this time and preventing a crash. This “melt UP” phase will go on for a while, then as the global economy crashes so will US markets only harder due to the “No Win scenario” that has been created by so much obscene debt. Next comes the “Default Phase” with mega-massive bankruptcies and lastly “Asset Seizures” where banks and the Fed government will simply declare an extreme national emergency to justify the crisis and debit your account directly. The fools will think that this could never happen. The actual legislation for this type of action is already in place. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 540k from day trading with Justin Paterson in few weeks, this is one of the best medium to backup your assets in case it goes bearish.

 

 



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