• Gold Standard I...
    01/12/2016 - 00:57
    Jamie Dimon, JP Morgan ChaseBrian T. Moynihan, Bank of AmericaMichael Corbat, Citigroup I am writing to you to warn you about the disruption that is about to occur in banking.

the next step in currency wars





 
in the interests of global perspective here is UK state owned broadcaster, the BBC, reporting on a Japanese takeover of a US company. http://www.bbc.co.uk/news/business-23058424 enquiring minds notice that the cash for the acquisition has occurred at a time of massive money printing by the Japanese central bank and a government aim to devalue the currency to spur export activity of goods and services. this purchase does not represent a good or a service, but represents the acquisition of non-yen assets because Softbank does not have Japanese opportunities from government and central bank stimulus AND Softbank can make an immediate profit on future devaluation of the yen. this activity is funded by japanese tax payers, via their government and their central bank and represents ECONOMIC WARFARE. that is, it confiscates the ability of americans to benefit from future cash flows from SPRINT. this is only the latest and largest example of the terrorism inflicted by structurally impaired governments, supported by central bank monetary policy settings. this could be viewed as "tit for tat" for nikkei and jgb ramping transactions by hedge funds and other speculators using leverage supplied by western central banks. this is confirmation of the inevitable progression towards CURRENCY AND TRADE WARS, with Japan taking a lead in impoverishing emerging market exporters.
 

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