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Old 10.01.2017, 22:57
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The_Love_Doctor The_Love_Doctor is offline
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Re: Mortgage tips and risks

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I'm reading some economic conspiracy theory blogs, and there they are saying that governments will lower the debt by having a few years of controlled inflation, which will be stimulated by printing money and then subsidizing the poorest people with social help programs. They also say that the official US CPI is fake and they advise to follow sth called shadow stats, according to which the current real US inflation is apparently around 9%.

http://www.shadowstats.com/alternate...flation-charts
It's not very far from the truth.

We will inevitably enter a cost inflationary and therefore a debt deflationary period. Effectively the savers will once again bail out the borrowers, first they bailed them out when interest rates were lowered and again when inflation eats up purchasing power.

The only benifactors? The 1% who have the majority of their wealth in fixed assets and the stock market.

There is a good book explaining all of this by Michael Hudson called Killing the Host (https://www.amazon.com/Killing-Host-.../dp/3981484282)
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