“Corporations are able to borrow for stock buybacks and increased dividends but creditors are accumulating assets based on risk premiums established by central banks’ QE programs and are causing massive distortions in the credit markets. Central bank policies initially prevented a liquidation of global assets and a world depression, but its robotic response to keep the presses rolling is causing a dangerous crushing of risk premiums. Also, the financial repression has resulted in even-greater wealth inequality as the world’s wealthy are much better situated to ride the tsunami of wave of central bank QE programs. The distortions caused by financial repression are being felt in the rise of fringe political parties appealing to the very visible outcomes of asset inflation caused by the endless infusions of liquidity. It seems Mario Barada Nikto is necessary for the Salvator Mundi.”

LINK HERE to the article

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