PRINTING BILLIONS OF DOLLARS - ROBBING FUTURE GENERATIONS TO COME.
Large Scale Asset purchasing is a monetary policy tool otherwise known as a quantitative easing or easing of printing of additional money
The New Zealand Government under Jacinda Arderns leadership requested the Reserve Bank to print billions of dollars which New Zealand citizens and future generations of New Zealander will have to pay for.
It was reported that the bank was juggling a near time inflation pressure and long term deflation forces. This cannot be blamed on the war in Ukraine.
Since Ardern had become Prime Minister, the economy was likened to that of the frog that had been placed in the cool water, as the cool water gradually boiled scenario… all was much too late, there was no escaping for the frog.
We could be looking at rampant inflation levels in the near future
Inflation erodes the value of savings, Wages must grow significant enough to compensate inflation.
However thousands more people are unemployed and far too many small businesses have been destroyed over this past two years
Parts of me has this nagging thought that questions “Is this what we now see, all part and parcel of UN Agenda 2030.
Is this a ‘Corporate Violence’, that is determined to ‘leave no-one behind, everyone, everywhere at every age’
First destroy Free-market Economy through the means of a Global crisis, then replace it with Multistakeholder Capital Corporations A global crisis, a narrow window of opportunity. “We must act now”
As the UN Leader ‘Tedros’ publicly announced to the whole world “We must never go back to the old normal’.
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