Man Who Predicted The Global Collapse Just Warned The Destiny Of The World Is Now In The Hands Of 6 Entities
KingWorldNews.com
April 26, 2020
Today the man who predicted the global collapse just warned the destiny of the world is now in the hands of 6 entities.
Destiny Of The World Now In The Hands Of 6 Entities
April 26 (King World News) – Egon von Greyerz: “The destiny of the world is now in the hands of 6 central banks, the Fed, ECB, BoE (England), PBOC (China), BoJ (Japan), SNB (Swiss). This in itself bodes very badly for the global financial system. This is like putting the criminals in charge of the judicial system. For decades these central banks have totally abused their power and taken control of the world monetary system for the benefit of their banker friends and in some cases their private shareholders.
These central banks have totally corrupted and destroyed the financial system by printing money and extending credit that doesn’t exist. Everyone knows that creating money out of thin air makes the money totally worthless. These bankers know that if you stand next to the printing press and get the money first, it does have some value before it circulates. And this is exactly what they have done. Once the money reaches the people, it devalues rapidly. As Mayer Amschel Rothschild said over 200 years ago: “Permit me to issue and control the money of a nation, and I care not who makes its laws.”
WORTHLESS MONEY PRINTING LEADS TO WORTHLESS ASSETS
But the bankers are not just in charge of the printing press, they are also in control of the cost of money in the form of interest rates. By manipulating rates, they are setting aside the natural laws of supply and demand so they can print unlimited amounts of money and price it at 0%. The effect of this is a debt bubble that can never be repaid and an asset bubble that is so artificial that not a single asset is worth a fraction of the value is it priced at.
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