by Jim Sinclair
Helicopter Money is the end of the financial world as we know it. Is Mad Max-ine running the Federal Reserve?
There are problems much larger than anyone has yet mentioned. We live in a stretched beyond tight, credit world. When credit anywhere falls significantly, it puts pressure on the entire system.
Today the entire system’s credit number is in fact t higher than the free cash number. That means that should this happen, there simply is not enough dollars that can in actuality be supplied to stem the run on everything from your local bank to virtual money and toxic derivatives. Cash is being horded by the super wealthy. this is the foundation of the recent international into cash movement. That means a credit crisis rescue at that point is simply impossible.