The Atlantis Report
Premiered June 15, 2021
Oil is soaring. US Rig Count is UP 67% since last year.
Inflation is not transitory. Prices might come down a bit, but not anywhere near pre-pandemic levels. Most everything is up 30% or more: food, energy, insurance, housing, etc. Not sustainable and quite simply a result of excess money printing and artificially low rates. If we don’t crash, the only thing we have is high inflation and a large erosion of the middle class while the wealthy got much wealthier.
Printing presses must be out of ink. Up 300 and then close 19.
CPI Core Index for Inflation is +3.8% year over year, highest since 1992.
BOOM !
Every Ponzi scheme has a climax. The Fed has run one for 100 years. Q-1,2,3,4, were efforts to procrastinate the inevitable. The ultimate trigger (recognition) is yet to come.
Helicopter money is a radical form of monetary stimulus, first coined by Milton Friedman and made famous more recently by former Federal Reserve Chairman Ben Bernanke. In a hypothetical situation a helicopter could be loaded with money, fly over a city and drop the money, citizens would collect this money from the streets and spend in the local economy, in theory driving economic growth. With interest rates near zero ,and large amounts of Quantitative Easing already completed. In this video we will debate if helicopter money is the central banks’ final tool to preserve the economy and the fiat money system ?
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