There has been a stunning post Brexit turnaround in the markets, says technical analyst Clive Maund. Far from leading to chaos, the markets have taken it in their stride, and are now rising in anticipation of “helicopter money.”
by Clive Maund
The Gold Report
Helicopter money is basically unlimited global liquidity intended to head off a liquidity crunch and keep the game going as long as possible—this is the next and ultimate stage in the fiat endgame. The starting point for this is Japan, but it will quickly become global, and legal constraints can simply be brushed aside—if laws prohibit it, they can be changed.
With the current global debt structure any serious liquidity problems could quickly lead to a catastrophic deflationary implosion, and that must be avoided at all costs. Helicopter money serves the best interests of the elites in various ways—they remain in power and in control for as long as possible, and can continue to use low interest rates and the carry trade, etc. to grow their fortunes even further, whilst the man in the street gets stuck with the bill as his standard of living and quality of life continue to deteriorate as inflation mounts and wages fail to keep up. There will be no prospect of interest rates being normalized, of course—there will be a hyperinflationary firestorm before that happens.