Got Tezos? And Bitcoin, and gold and silver:
A sign of things to come: devaluation of govt currency to reflate the system, currently too saturated in debt:
As usual, ZH is hilarious at pointing out the insanity and creating a humoristic angle on it:
Among Williams’ other suggestions include not only negative interest rates but also raising the inflation target - to 3%, 4% or more, in an attempt to crush debt by making life unbearable for the majority of the population - as it considers new monetary policy frameworks. Still, even the most dovish Fed lunatic has to admit that such strategies would have costs, including those that diverge greatly from the Fed’s current approach. Or maybe not: "price-level targeting, he said, is advantageous because it fits “relatively easily” into the current framework."
Considering that for the better part of a decade the Fed prescribed lower rates and ZIRP as the cure to the moribund US economy, only to flip and then propose higher rates as the solution to all problems, it is not surprising that even the most insane proposals are currently being contemplated because they fit “relatively easily” into the current framework.
These central banksters got out of the asylum