Financial and economic system artificially preserved

Financial and economic system artificially preserved 09/06/2018

09.04.2019

Since the banking crisis in 2008 central banks have pumped between 14 and 16 trillion US dollars into the financial system and cut interest rates drastically. This way the global financial and economic system has been preserved. By buying government bonds at excessive prices, the central banks have saved entire countries from bankruptcy. Through direct intervention in the stock markets and the buying of shares, central banks also rescued companies that were floundering. Thus the Swiss National Bank (SNB), among others, is now a major shareholder of Apple, Microsoft, Amazon and Facebook and held US shares worth 91 billion Dollars at end of 2017. Since the central banks can create all the money needed out of thin air, we are in a system which is artificially driven and inflated by money creation and interest rate cuts. Therefore the positive news about global economy resurging and unemployment rates declining do not really agree with reality.

from hrg.

Sources/Links: http://www.free21.org/wer-erhaelt-das-globale-finanzsystem-eigentlich-am-leben/
http://www.heise.de/tp/features/2018-Die-Welt-am-Tropf-der-Zentralbanken-3929074.html#