RE: Posts Removed14 Jul 2019 18:17
Crowcast, 18,000 bankers were given the finger at DB this week and I'd guess the majority would say good riddance. I'm not talking about general high street banks or said get rid of them - you did.
As for how economies work, I'll tell you how they don't work ZIRO NIRP and QE. Robbing savers who's money actually grows economies through investing in business. Money neither earned or saved (QE) will never create real growth.
All it's done is make the rich richer, the poor poorer. If that's how you think an economy works, you need treatment.
But fear not, going forward the robbing of your wealth will be taken to new heights. $13 trillion with negative yield including junk is just the starters.
And nothing to do with bankers...lol...of course not!