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Garys Economics
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Comments by "" (@jmitterii2) on "Inflation, Interest Rates u0026 House Prices" video.
Basically, it's levered pyramid scam.
2
I don't.. maybe that $8 trillion added to the Fed Balance Sheet, and that's only new money on QE of the USA. All other nations doing the same. And holding interest rates near 0% since 2008... with total private debt ballooning from 54 billion to over 93 trillion now. So another 49 trillion in debt binging held together with CDO/CLO where banking goes back to making as big a loas as possible giving two shits to the collateral value over time.
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