03/21/2016 - Federal Reserve – 3 Emergent Monetary Policies With Unintended Consequences: Financial Repression
The Daily Bell highlights the increasing trend of central bank-driven economies .. “This New 21st Century Economy features a tripartite stool of emergent monetary policies. The stool is supported by three legs. One is low or negative interest rates. The second is the ‘cashless’ society. The third is the ‘basic income.’ .. These policies represent a fundamental shift in how economies operate. It changes the way we think about money and use it. We will need to consider it regularly when making plans for generating and retaining wealth .. Between depriving people of circulating money (cash), forcing people to consume via NIRP and providing people with a basic income for their lifestyle needs, central bankers intend to entrench the system so thoroughly that it will never be rooted out.”
