Re: Are we in a deflationary collapse right now?
Quote:
Originally Posted by
Hitcher
All the banks are sitting on fat reserves right now. I wish I could find a better chart of this...
Attachment 4719
Fat reserves = no loans being made and money accumulating = deflation
Whether they are intentionally withholding loans and creating the deflation in order to snap up things for pennies on the dollar, or whether they aren't making loans because it is no longer possible (maximum potential) is an open question.
Re: Are we in a deflationary collapse right now?
Quote:
Originally Posted by
vacuum
Fat reserves = no loans being made and money accumulating = deflation
Whether they are intentionally withholding loans and creating the deflation in order to snap up things for pennies on the dollar, or whether they aren't making loans because it is no longer possible (maximum potential) is an open question.
The global economy has destroyed the local business. As "global" think large, centrally controlled, heartless monster system. When your ability to produce value for others is wiped out by a heartless monster, you will not borrow or extend yourself to further risk your existence.
We are in a death camp and the outside of the death camp is an endless ring of fire. Go out there and you die.
The devil has devised multiple levels of death camps for us... and there is only one escape.