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<p>[QUOTE="fatima, post: 1363185, member: 22143"]Interesting that you mention this. The problem with the current system is they can create the money, but they can't get it into the system. People won't borrow money if they no longer have the income to do so and/or they believe that what they purchase (home) is going to fall in value. This poses a problem for a system that can only exist by constant monetary expansion. The Fed is walking a bad tight rope with QE and can't keep that up because of balance sheet issues. QE money has ended up in the stock market and over valued it. It has not ended up where it was intended to go. </p><p><br /></p><p>So the next plan of voodoo economics is in fact negative interest rates. This essentially means that borrowers get paid to take loans and savers get severely punished for having any savings. If they put forth this insane plan, then expect gold & possibly silver to quickly start appreciating in price. People who have savings won't have any choice in the matter if they want to protect their wealth. </p><p><br /></p><p>I don't know how much of this is true or if it will happen, but it would seem that the current administration is bound and determined to do everything it can to keep housing, car buying, bankers and the stock market goosed up by any means possible at least through the election. Heaven help all of us.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1363185, member: 22143"]Interesting that you mention this. The problem with the current system is they can create the money, but they can't get it into the system. People won't borrow money if they no longer have the income to do so and/or they believe that what they purchase (home) is going to fall in value. This poses a problem for a system that can only exist by constant monetary expansion. The Fed is walking a bad tight rope with QE and can't keep that up because of balance sheet issues. QE money has ended up in the stock market and over valued it. It has not ended up where it was intended to go. So the next plan of voodoo economics is in fact negative interest rates. This essentially means that borrowers get paid to take loans and savers get severely punished for having any savings. If they put forth this insane plan, then expect gold & possibly silver to quickly start appreciating in price. People who have savings won't have any choice in the matter if they want to protect their wealth. I don't know how much of this is true or if it will happen, but it would seem that the current administration is bound and determined to do everything it can to keep housing, car buying, bankers and the stock market goosed up by any means possible at least through the election. Heaven help all of us.[/QUOTE]
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