Central banks are killing our currency to protect the already-rich
by Adam Taggart
Chris Martenson’s Peak Prosperity
In our recent article It’s Time To Position For The Endgame, Chris Martenson explained how the US Federal Reserve and its sister central banks around the world have been engaged in the largest and most egregious wealth transfer in all of history — one that has been drastically exacerbated by the covid-19 pandemic.
The official response, tremendous monetary stimulus by the central banks paired with massive fiscal stimulus from national legislatures, has been pitched as “saving the system”.
Yet, in reality, it has merely served to accelerate the transfer of capital from the public into the pockets of the already-rich.
Anyone with eyes can see how the central banks have abandoned all pretense of monetary fiduciary responsibility and have simply cranked their printing presses up to “maximum”: