Here we are, facing another dose of “stimulus” with commodities and market prices at multi-year highs. So how can more “borrowing” or “printing” be justified?

The answer is that it doesn’t have to be. Central bankers will lie and tell you that it is designed to stimulate the private sector of the economy. It has not, nor will it do no such thing. It is designed for one purpose: to allow governments to continue their deficit spending in an economy that will not provide enough tax revenue. And it won’t matter who is President. It won’t change a thing.

There, I said it. The governments around the world could not fund their spending if Central Bankers didn’t create capital (no pun intended) that “gives” money to investors so that they can buy government bonds. And the extra money goes into assets so there are profits for the “Vigorish”.

Even the government loving New York Times admits it! 

And don’t even ask about people who need to live off the interest. They are forced to buy yield-oriented stocks, at any price. Or to chase “growth”.

Any student of history knows that this will obviously end it disaster. But before that there will be inflated “false” riches for those who are smart (stupid) enough to pick up nickles in front of the steam roller.