- Silver Report Uncut
First, we see the luxury private airline industry is coming for a bailout due to “uncertainty” the interesting part is they have enjoyed a huge boost in demand since the shut down of the commercial airlines. I think they see the frenzy and don’t want to miss out on the opportunity for “free money”. This is an industry that caters almost exclusively to the ultra-wealthy. The Fed’s Kashkari was in an interview discussing the Fed’s current stimulus efforts and actually stated the central bank exists to print money. He was asked if the Fed had just flooded the system with money to which he responded YES! Deutsche Bank brought up a very concerning detail they didn’t seem to notice. This is not a typical financial crisis because the demand is being suppressed.
Their concept is if you print money and give it to people while their demand is depressed artificially or out of fear it will lead to saving. Once inflation begins to set in they will spend, the combination will lead to drastic increases in inflation due to a larger pool of money for limited amounts of good. The supply shock is what separates this economic crisis from previous recessions and their belief is this needs to be remedied first before any helicopter money tactics could work. The central banks have gone mad and the excessive money printing combined with supply and consumption disruptions will lead to dollar hyperinflation in the near term.