Gold Spot / U.S. DollarUpdated They wont turn the money printer back on any time soon
The 1% already made trillions from the money printer over the last 20 or so years. It wont help them much if they turn it on again. So this time we are going to get an actual recession, they are going to let lots of stuff go bankrupt and unemployment shoot up (but they will probably fudge the numbers and make it seem as if there is much more employment than there is) and let all the assets deflate to unimaginable levels. I have little evidence at this point to support this theory i am just trying to find a motive for lack of a better term to try and understand what will happen going forward. And so i for one am being cautious. I am not invested in a lot atm! I am betting on the Fed not turning on the money printer any time soon and that most assets are going to deflate significantly over the coming years as a result.
I would like to add that recessions and depressions are mostly caused by monetary policy by members of the federal reserve board and so the depression that i argue they are engeneering right now, intentionally or not, by first spewing helicopter money all over the economy and then stopping and rapidly raising interest rates, this shock is what causes recession. But then the politicians in congress etc. are not very smart so they will implement policies that prevent a recovery and then it turns into a depression. And then this depression will be used as an excuse for the government to give even more control over the money and the monetary policy to the federal reserve which will make things even worse! You cannot escape!
I would like to add that recessions and depressions are mostly caused by monetary policy by members of the federal reserve board and so the depression that i argue they are engeneering right now, intentionally or not, by first spewing helicopter money all over the economy and then stopping and rapidly raising interest rates, this shock is what causes recession. But then the politicians in congress etc. are not very smart so they will implement policies that prevent a recovery and then it turns into a depression. And then this depression will be used as an excuse for the government to give even more control over the money and the monetary policy to the federal reserve which will make things even worse! You cannot escape!
Note
The Technical Analysis is loosely based on the Wyckoff methodThe idea that recessions and depressions are caused by the federal reserve is based on Austiran Economics and its interpretation of for example the great depression
And the 1% thing i guess comes from listening to Info Wars in the past
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.