Saturday, November 6, 2010

How I Learned to Stop Worrying and Love the Central Bank

  The Central Banks of the world control the money supply and in some cases, even global liquidity. They can make and break the economy at will by expanding and contracting the money supply. Bearing your teeth at them is just a waste of time when every single currency in your wallet and your bank account is printed and digitally manufactured by them. They have complete control over the manufacture and distribution of your legal tender. There just is not much in a way of choice but to track their monetary policies.

  Many people who had bet against the dollar and placed hard bets on gold and oil were burned in 2008. It was not until the federal reserve stated it was committed to re-inflating the economy again did oil and gold prices begin to pick up once more. You just can not beat something that has the power to print money. So why your waste your time.

  Just roll your dice move your scotty dog or little thimble a few spaces and let these guys play banker.

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