condor_0000
Tampa, FL
59, joined Feb. 2013
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As a right-wing capitalist, I love the free market almost as much as I love Jesus, the military, nuclear war, and killer-cops.
The free market works fabulously! Well, I mean, sure, it does require trillions of dollars in bailouts. And it does require massive political and police-state suppression of the working class to insure lots of slave labor. Of course, that's not very free-marketish. Oh, and it also requires lots of war in order to steal markets that you can't otherwise obtain under free-market forces. It also requires lots of manipulation of gold and silver in order to maintain the value of the dollar. Nothing very free-markety about that. And it requires lots of un-free-marketish central-bank manipulation of the stock and bond markets. But aside from all of that, we have wonderful free market capitalism! Woo hoo!
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Central Banks Now Own Stocks And Bonds Worth Trillions
June 8, 2017
By Michael Snyder
http://www.blacklistednews.com/Central_Banks_Now_Own_Stocks_And_Bonds_Worth_Trillions_%E2%80%93_And_They_Could_Crash_The_Markets_By_Selling_Them/59018/0/38/38/Y/M.html
Excerpt:
Have you ever wondered why stocks just seem to keep going up no matter what happens?
For years, financial markets have been behaving in ways that seem to defy any rational explanation, but once you understand the role that central banks have been playing everything begins to make sense.
In the aftermath of the great financial crisis of 2008, global central banks began to buy stocks, bonds and other financial assets in very large quantities and they haven’t stopped since.
In fact, as you will see below, global central banks are on pace to buy 3.6 trillion dollars worth of stocks and bonds this year alone. At this point, the Swiss National Bank owns more publicly-traded shares of Facebook than Mark Zuckerberg does, and the Bank of Japan is now a top-five owner in 81 different large Japanese firms.
These global central banks are shamelessly pumping up global stock markets, but because they now have such vast holdings they could also cause a devastating global stock market crash simply by starting to sell off their portfolios.
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criminal_1
FPO, AP
98, joined Jan. 2017
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All fiat "currency" have eventually fail.
EVERY SINGLE ONE.
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vanilla_cream2
Philadelphia, PA
41, joined Sep. 2014
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vanilla_cream2
Philadelphia, PA
41, joined Sep. 2014
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Olaf_the_german
Houston, TX
50, joined Feb. 2017
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You love that copy/paste thing more though don't you.
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vanilla_cream2
Philadelphia, PA
41, joined Sep. 2014
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