Since 2007 the world has created tens of trillions of dollars of paper money, either by QE or by increased lending. So why haven’t we had any significant inflation? Well, it’s simply due the manipulated way in which most countries produce inflation figures.
For example, most people in the world, whether it’s in the U.S., Europe, or in Japan, are experiencing significant inflation in food and energy. Food inflation in many countries such as the U.S. and Japan is around 20 percent. But these accurate figures are not published. Instead, the truth is kept hidden from the people.
But, importantly, the tens of trillions of printed dollars have not gone into the real economy. This money has stayed on the balance sheet of the banks. This was necessary to prop up the banks. Also, the banks and the bankers have used this money for their own profitable benefit.
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