Month: April 2022
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A chart that says it all about the fake financial markets
See that last spike down in the S&P500 in March 2020? The Fed’s have created about $5 Trillion out of thin air since 2008, and the banks which had a Fed required reserve of 10% (which means the banks could create $10 of fake money for every $1 deposited) therefore created $50 Trillion in fake…