Monday, May 28, 2018

The Most Ingenious Invention In The History of Finance

We are now in the final stages of a journey which by future historians will be seen as unreal as Lewis Carroll’s “Alice in Wonderland”. Just like Alice called the “Mad Tea Party”, “the stupidest tea party she had ever been to”, the last 100 years could be called the Craziest Extravaganza in history. At the end of the story the Queen of Hearts shouts “Off with her head”. But Alice is not afraid and calls them all “A pack of cards” before she wakes up. Although the story was written 150 years ago, had Alice dropped down the rabbit hole to the current fantasy world, she would have called the current kings and queens, aka (also known as) government heads and central bankers, not a pack of cards but a giant house of cards. Because we are now at the end of a tea party which in the last few decades has become increasingly extravagant. WHO WILL PICK UP THE TAB FOR HISTORY’S BIGGEST TEA PARTY? The problem with the current tea party is that there is no one to pick up the tab...

from GoldBroker.com https://www.goldbroker.com/news/print-money-issue-debt-most-ingenious-invention-history-finance-1324

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