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September 13, 2019 | Official Counterfeiting of Euro Is Draghi Policy!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

Image result for Mario Draghi

One central bankster can counterfeit the euro to infinity (if he chooses). Money is now a virtual unit of nothing (a number/name) created from the MIND of a bankster! Amazing!

The European Central Bank has been run by Mr. Mario Draghi these past eight years. His basic policy has been QE and negative interest rates. Yesterday, He adopted more QE and more negative interest rates for his markets. Evidently, Mr. Draghi thinks this policy will grow the economy and produce some inflation. I have my doubts.

First of all, $22 billion of new counterfeit euro’s per month may help to further distort this economy over in Europe but I doubt that it will create prosperity for the general public. Also the negative interest rates may help with the real estate market but I don’t think this policy will produce general inflation. So what good is this policy?

My sense is that there are no good policies left for Mr. Draghi and his elites who run the Eurozone economy. He probably should just give money to the consumers via a gift from the central bank. This is usually called helicopter money. As long as he is counterfeiting more euro’s why not counterfeit euro’s for all of his consumers. Today, this would be easy.

Pumping money directly into consumer accounts would create spending and also inflation (if the amounts were substantial). Inflation could finally be realized with a huge helicopter drop to all his consumers. Money is now digital and virtual and a virtual drop into the smart phone accounts of his consumers would create immediate spending. Inflation could follow.

Our economies now run on digital money created from the mind’s of central bankers. This type of money is a mere ‘number’ and ‘name’ and can be increased to infinity. Math can go from 1 to infinity. What a great system we now live with. Money is virtual and gets created from the MIND of a banker. All I do is ‘type’ numbers into digital accounts. What a system!

Who can discern what has happened to our money? We used to have physical paper and metals for our money. Today, we have inner money which derives from our consciousness. This money is virtual and is represented by a ‘number’. The dollar is a number ($1.00) and the euro is a number (E1.00). All currencies are now mere math within our computer screens. Numbers and Names are now MONEY.

Watch the Fed to witness their new policy next week (September 18). Will our Fed lower interest rates and adopt more QE (counterfeiting of the dollar)? The new policy of counterfeiting these virtual/digital currencies is the mantra of our banksters. Banksters rule over our economy and over our politics. We live under virtual/digital enslavement. Think for yourself to discern these realities. Have a great day!

I am: https://kingdomecon.wordpress.com.

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September 13th, 2019

Posted In: Kingdom Economics

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