(Video) BAILOUT! ECB Admits Printing Money and Giving Life Support to HUNDREDS of Corporations!

in #money7 years ago

We’ve all been told the lie that the ECB can’t do what the Fed does. It can’t intervene in the markets the same way. Buying up toxic debt in order to support the financial system. There are more restrictions. This is now admittedly a lie. They have been doing this for years, approved under “extreme circumstances”. The next level has now been exposed.

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In This Episode:
We’ve all been told the lie that the ECB can’t do what the Fed does. It can’t intervene in the markets the same way. Buying up toxic debt in order to support the financial system. There are more restrictions. This is now admittedly a lie. They have been doing this for years, approved under “extreme circumstances”. The next level has now been exposed.

euro europe bank banking EU ECB CSPP

ECB CSPP 1.jpg (723×557)

The ECB's corporate sector purchase programme: its implementation and impact
https://www.ecb.europa.eu/pub/pdf/other/ebbox201704_02.en.pdf?340f4c91926353bb1a4b13187ec79afd

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Hi David, found out your channel via your Youtube channel. Always great work.

Following you now and upvoted. I write daily blogs on silver, gold and cryptos. Feel free to check it out.

The Feds shouldn't even be able to do what they do. A private bank controlling our economy, unconstitutional. When the Feds took over in 1913, they stoped using gold to back the dollar and soon there was the great depression.

People throw the term Globalist around without understanding what the term means. Globalists believe in corporate installed Oligarchies over nation-states. If i have one goal on this platform it is for people to understand the nature of our monetary system and what the globalists have planned for us.
The next step is combining the 3 central banks of North America. Had it been Hillary it would have been all the America's. The REAL reason BRIC was established. I wrote an article about it on here. He is right about the corporations though. Bush 41 sold us out. Reagan warned us about international agreements and sovereignty. He strangely stopped talking about it after he was shot. I talk to someone in the 133 investment families that run IMF. She was the one that told me what a Globalist believes and what is GOING to happen.
"The idea of America will fade away. As much as conservative Americans want the USA to stay an in tact political entity it won't bankrupt is bankrupt"
When we didn't hit the debt ceiling in February she stopped answering questions. Before the election she was always right about everything globally. . Since the election what was going to happen has changed 4 times now she just won't talk about it. We still dodged a bullet with Trump. Now we will be just be the economic North American Union instead of all the America's an economic zone. When Hillary's leaked speech said, her private position was she dreamed of an open hemispheric market among the America's. They don't just fling open the borders they combine the central banks.
Obama did far far more damage than people are yet aware of and our feckless congress allowed it. We were spent to the end of our cycle in 2014 so if the QE is lifted we'd have 643% inflation. She explained so much. They are so flush with liquidity they can barely house it all. It didn't have to be this way. Obama's priority was government dependence not economic growth. It even affected emerging economies and China because their currency is too closely linked to ours.
Our founders warned us to never to allow our economy to be controlled through inflation and deflation or the banks and corporations that grew up around us would deprive us of all property until we woke up homeless on the continent our founders conquered. Banking institutions are more dangerous to liberty than standing armies.
I was told that the "currency conversion" has been more firmly established for 2021. When first planned it was supposed to be this year. Our debt wasn't quite high enough for the dominoes to start falling. When America hits its debt ceiling this time high end investors like the person I talk to have their US interests set to convert to other currencies. Our debt has passed GDP. We're bankrupt. Sorry for the book as a comment but of course corporations are bailed out, that is what the creeps running us and Europe believe in.. Corporate installed Oligarchies. They've said for years nation-states have outlived their usefulness. According to her they were created to SERVE the financial institutions. Our enslavement is not as obvious but it is enslavement. We are debt slaves. We will know for sure if the stock market "corrects" when we hit 20 trillion. www.usdebtclock.org

Many people will say the EBC printing money is ok as long as the stock market keeps going higher. What's your opinion on that?

The stock market is just an illusion. It does not represent physical growth or the health of a business nor economy. Money is squandered in the market for quick profits rather than being invested into expanding locations, equipment, improving processes, research, and creating innovations that produce real growth into the future.

You authored these books?

I wrote 2 books.