Bank Watch, page-2657

These central bankers go up to Jackson’s Hole in the US to get their orders, then come back and sow the seeds of financial destruction in our nations. And nobody know or cares!

Adults that are in charge of personal financial decisions involving hundreds of thousands or even millions of dollars, and they have no comprehension of the mire that the central bankers have put us in. How can you be so seemingly intelligent and responsible, and yet so thick and completely ignorant at the same time? Try talking to an ordinary every-day person about QE and interest rate suppression and “the wealth effect” etc and they have a child-like level of understanding. It’s surreal.

I know for an absolute fact that the banks in NZ are preparing for negative interest rates, and I know for an absolute fact that this includes applying negative interest rates to depositor funds. I also know for an absolute fact that the banks here are gravely concerned because they need depositor funds to function, but the Reserve Bank has them by the ‘short and curlies’ when it comes to the next desperate throw of the dice: negative interest rates. Such is the power of Central Bankers. They have incredible undemocratic powers over our lives, our monetary system, our currency, our property markets, and the commercial banks.