Governments are controlled by the money masters.
The monetary system was revised after WWI, again after WWII (with the creation of the U.N., IMF, and Bretton Woods Treaty), and the monetary system is being revised again for the 21st century.
So the question about how YOU, yes you personally, value the national currency in your bank account and that you receive as salary or payment for your services is very important.
Because, if the value of currencies drop to near zero or worthless then what is your backup plan?
What would you do when the banks suspend credit/debit cards, ATMs, and financial services?
Peak Prosperity printed a interesting piece about the evil banksters, and a more recent followup to that where Adam Taggart gives no sympathy to the associates he personally knows and are working for those evil banksters.
“It has now become a shark vs shark world.
This is happening, mind you, at a time when the banks are in their 8th straight year of enjoying practically-free money from the world’s central banks, which is essentially a great wealth transfer from the public’s coffers. And at a time when financial assets have been re-inflated to all-time highs.” -Adam Taggart
Capital Is Fleeing From Active To Passive Funds
First off, by flooding world markets with over $12 Trillion since the Great Recession, the central banks have pretty much destroyed “alpha”.
Alpha is the “excess return” that fund managers’ fees are based on — i.e., “you’re paying more for a smart guy like me to ‘beat the market'”. But when a tsunami of liquidity rises all boats at once, it’s that money flood (i.e. the central bank money printing) that drives valuations. And its influence is so much larger than any other factor that it’s really the only factor that matters. Great and crappy companies alike rise in price — the “fundamentals” that fund managers use in their analysis become useless.
So it’s no wonder that investment capital is fleeing from actively-managed funds to passively-managed ones. If the passive funds have much lower fees AND they perform better than the actively managed ones, why the heck shouldn’t money flow into them?
Please read the discussion, and consider what preparations you made, or will make in revaluation of national currencies.
Review this past week:
- The state sponsored cyber-terrorism with “wannacry?” ransomware is not over
- Suddenly, the volatility index (VIX) spikes higher!
- U.S.DOLLAR INDEX fell through the floor (crashed through a support too
- Puerto Rico: 179 public schools to close amid debt crisis, but according to American Bankruptcy Institute (ABI) the appetite for Puerto Rico bonds hasn’t waned (are hedge vulture funds repurchasing distressed bonds?)…
Title: Quick Financial News Update Dow Drops Over 373 Points – VIX Spikes
Video posted 17 May 2017 by ITM Trading