Central banks



Space Oddity & Helicopter Money

Published by Egon Von Greyerz | Aug 26, 2020 | 29379

Since the end of 2006, the major central banks (Fed, ECB, BOJ & PBOC) have increased their balance sheets from $5 trillion to $25.5t today. The great majority of the extra $20t created since 2006 has gone to prop up the financial system. And even with these $20t the world economy is more rudderless...

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What If the Debt Doesn't Matter? Is This Realistic?

Published by Philippe Herlin | Aug 24, 2020 | 57044

I mean, what if the debt wasn't serious? What if the explosion of its amount all over the world since the coronavirus crisis had no harmful consequences? What if we could even get rid of some of it without incurring any damage? This is the little tune we hear from those who want more and more public...

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COVID 19 – A Hobgoblin

Published by Egon Von Greyerz | Aug 19, 2020 | 27560

Is Covid the most perfect distraction that could have hit the world? The timing couldn’t have been more perfect for the European and American economies. We know that there were major problems in the financial system back in August-September 2019 when both the ECB and the Fed declared that they would...

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The Nightmare Scenario for the World

Published by Egon Von Greyerz | Aug 7, 2020 | 30529

Obviously governments and central banks will desperately try to introduce resets, new digital currencies, do a bit of hocus pocus with debt to pretend it has disappeared. The US might even revalue its alleged stock of 8,000 tonnes of gold. But their bluff will be called. The effects of any measure g...

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