GOLD 0.51% $1,391.7 gold futures

Wow Pboc injects 51 bln into banks who do t have the money to...

  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    Wow
    Pboc injects 51 bln into banks who do t have the money to cover obligations

    Is this *real money* that has to be paid back though(?)
    Who knows what is real and what isn't anymore.

    I just know that for over a decade they've been turning printed fiat into hard assets in the West, and in the process have helped make housing unaffordable & have crucified renters and savers. What a farce. We are all apparently 'rich'.....yet Australia (and NZ, and the US) is drowning in debt.
 
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