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RE: Central Bank asset and debt buying: The Great Bail Out In Numbers

in #money7 years ago

thanks for this great post!

i've been uneasy about what i see as the tech industry hoarding wealth, but i think that's only because the people i talk with don't include central bank numbers. the numbers you show indicate that whether its states or MNCs, it's clear that the big fish on either side of the thin public/private membrane have both been hoarding for some time now.

the financial crisis of '08 really shook me, but what shook me even more was learning that it was just the most recent in a growing list of similar crises throughout the global economy. i try not to be eschatological, but i can't deny that these dynamics make me feel vulnerable