I wrote a book about the debt crisis and the real underlying cause of it. This cause not being the banks and their actions. but more generally the prehistoric monetary system we all have to deal with currently .Unfortunately. This monetary system HAS to be replaced by my new monetary system. As soon as possible.
Please share this post/message from me, whoever reads this. as what i am mentioning after this is VERY important for the future of all of us. To get to understand.
At least the FED, the European Central Bank (ECB) and the japanese banks are currently active with QE. I mentioned about QE in De monetaire revolutie- my book in Dutch- that it was and is bad for society. But what i did not mention yet in my book. Is that QE in europe but also in the US (by the FEd) and probably also in Japan. Is executed in about same ways as the ways how mortgages where and are created by private banks. Meaning that against the new money being created, also a debt is created...the ECB is investing about 80 BILLION euro EACH MONTH !!! in governmental bonds . The money goes to the private banks but debts from governments still exist and another debts are created. A LOT of debts. This will cause an even bigger financial crisis in future than the one we had and have from 2008 till current times..UNLESS the current financial and monetary system is transformed into the Excellent Monetary System that i created..that is the only way and solution to solve the current but foremost also future (even bigger...) problems to solve and prevent....
And of course, in the ECB/EU case, the ECB gets A LOT of ownership of governmental debts....resulting in an " unplanned" but huge power over EU member states....power that the EU can exercise towards the member states if/whenever needed. this increase in ownership of EU of EU member state finance is going on right now...in very huge steps and ways...