First QE Then QT Thereafter TE

Where have all the dollars gone? Long time passing Where have all the dollars gone? Long time ago Where have all the dollars gone? Uncle Sam has spent them everyone When will he ever learn? When will he ever learn? When Pete Seeger wrote the famous song “Where have all the dollars flowers gone” back in 1955, little did he know that the total US debt which then was a few hundred billion dollars, would 63 years later be almost $70 trillion. But there is no reason why Seeger should have known. He was a singer songwriter and his legacy will last a lot longer than Nixon’s, Greenspan’s, Bernanke’s and all the other players that have contributed to this massive growth in credit and destruction of the dollar. Whilst Seeger’s song – a work of art – is likely to be around for at least another 50 -100 years or much longer, all the opportunists that have destroyed the US economy, and thus the world economy, will soon be forgotten. It is absolutely unreal how the world p...

from GoldBroker.com https://www.goldbroker.com/news/first-qe-then-qt-thereafter-te-1363