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The key words are---total global debt is $217 trillion, or more than 300% of global GDP

In other words the bankers have the tiger by the tail. They can not let go, else the tiger will devour them.

1 posted on 07/21/2017 1:57:32 PM PDT by entropy12
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To: entropy12

Hmmm, not understanding all that.

Anyway my overall situation takeaway is that Yellen seems to be getting slightly more “reasonable” on stimulus and inflation, insofar as she is part of the fed and also maybe somewhat less than well versed.

Another measure of inflation is gold, which has flattened out at $1250/oz since about late 2012:

http://charts.kitco.com/KitcoCharts/index.jsp?Symbol=GOLD&Currency=USD&multiCurrency=true&langId=EN&utm_source=kitco&utm_medium=banner&utm_content=20110407_iCharts_gold_chart&utm_campaign=iCharts

real inflation seems to be around 5% these days

http://www.shadowstats.com/alternate_data/inflation-charts


2 posted on 07/21/2017 3:18:41 PM PDT by SteveH
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To: entropy12; RushIsMyTeddyBear; metmom; CynicalBear; SkyPilot; tuffydoodle; tang-soo; ...
[total global debt is $217 trillion, or more than 300% of global GDP]

WHAT could possibly go wrong? That's why they're going to come up with a "global" economic "solution".

Will that be right hand? Or forehead?
3 posted on 07/21/2017 5:26:35 PM PDT by SaveFerris (Luke 21:36 KJV Watch ye therefore, and pray always, that ye may be accounted worthy to escape all...)
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