General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Frederick Miles
Bloomberg Television
comments
Comments by "Frederick Miles" (@frederickmiles8815) on "Market Trying to Push Fed Into Doing Something: HSBC’s Major" video.
Debt monetization (QE) is deflationary - sucks liquidity from the real economy system - pumping up the passive income bubble in the financial economy. True inflation does not come from massive government spending; rather it comes from real wage growth, supply chain choke points (especially concerning commodities), and printing large piles of cash when no one wants your debt notes. Strong likelhood 2 of those 3 happen in this decade. Dig up Paul Volcker before these simps piss away our world reserve currency status; triggering WW3.
2