by Gary Christenson
Breaking News: The DOW rose 455 for the week ending March 6. It fell 3,583 the previous week. Gold rose $105 and silver rose $0.87 for the week.
The coronavirus is blamed for weak global demand and damaged supply chains. The Fed is worried; they lowered interest rates by half a point. But central banking is part of the problem. Central banks created bubbles, and those bubbles crashed in 2000, 2008, and 2020.
The problem isn’t over-valued Internet stocks, or NINJA loans for real estate, or coronavirus. The problem is abundant and inexpensive credit, created by the banking cartel, that inflated dangerous bubbles.