Welcome to part three of our series which asks the smartest people I know a simple question: why can’t central bankers just buy all the debt?
As you now know from experience, the staggering debt load facing governments around the world is threatening to cause havoc in banking and pensions systems.
Central banks have responded by buying up government debt to reduce this burden. But why stop at a few trillion? Why not buy it all?
So, let’s take a look at how Nigel Farage answered my question…
Greg Canavan is my mentor when it comes to understanding the monetary madness playing out at central banks around the world. His service New Money Investor uniquely focuses on both the failure of the legacy financial system and the emergence of cryptocurrency alternatives.
So, let’s see how Greg answered the question…
Nick Hubble
Editor, Fortune & Freedom
