Today I launched my essay about the biggest scam in human history, which is the Central Bank buying of corporate bonds. The essay is available on the P2P Foundation website. I am delighted a promoter of radically democratic economic alternatives published the essay, as the scale of the ‘Quantitative Sleazing’ scam is an indicator of how it is hopeless to attempt reform of the monetary system. The multi-millionaires and their relatives in charge of the relevant financial institutions will continue to risk the collapse of monetary systems while enriching themselves and making us poorer through high inflation. You can read the full essay Responding to Inflation From a Pandemic of Quantitative Sleazing – P2P Foundation or browse below the twitter thread I produced to summarise some of the issues arising.
Don’t blame #Putin or #Covid for your sky-high grocery bill. Blame the elites who collude with the biggest scam in history, involving #CentralBanks and their friends in finance, under the cover of the pandemic. A thread on #QuantitativeSleazing…Continue reading “Don’t blame Putin or Covid for your sky-high grocery bill”