Money is an exchange of value. Put value in and value is transferred.
Debt is not money. It looks like money but the value is not added until it is paid for. Atm people in debt are not paying so debt is worth very little.
Value will be established when debt is able to be funded and real cash values are correct.
This is where real buying will once again start.
The Fractional Reserve Banking geniuses watched by blind regulators multiplied money supply 10 times with debt. Let's hope it isn't going to contract 10 times.
The Government have wasted taxpayers money by trying to get back the Mad Credit Boom. Instead they should have waited and contained the damage.
A bit like Humpty Dumpty. Cant be put back together so best look at making omelets.
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