Diesmal ist alles anders!

dieses ganze rumgespiele mit den zinsen hat doch nur den effekt, dass den banken höhere einfache verdienstmöglichkeiten angeboten werden.

die boj macht das viel kleverer, indem sie eine zinsobergrenze festlegt und die dann mit variablen geldmengen hält.

dadurch entfällt auch die notwendigkeit bei einer rezession mit den zinsen herumzuhantieren.

bei einer rezession erhöht die zentralbank einfach ihren kapitaleinsatz, was viel einfacher zu erzielen ist als zu hoffen, dass firmen bei sinkenden zunsen einen höheren kredit aufnehmen.

das dabei die banken ein geringeres zinsgeschäft einfahren können ist dabei nebensächlich.

GE0RG1 FED , ECB , UK 1. THE DOLLAR DEVALUATES FAST DUE TO ILLEGAL USA MONEY PRINTING , EVIDENCE FOR EXUBERANCE FOR DOLLAR VALUE AND INCREASING US INFLATION FAST. FED , ECB , UK STRATEGY FOR HYPERINFLATION FOR FAST SHARE BUBBLE AND FAKE POLITICIANS . USD DOLLAR DECLINES FAST TO 3 YEAR LOW DXY SHOWS WITH RETURNED RESERVES AND THERE IS A LOT OF NOISE IN USA AND WORLD. SEE HOW USD TERM IN GOOGLE TRENDS SEARCHES JUMP IN THE WORLD FROM 100 MILLION TO SOME 130 MILLION IN DECEMBER AND A THIRD ALSO IN USA PER DAY. ALSO OUT OF BITCOIN SEARCHERS SOME 400 MILLIONS IN WORLD PER DAY IN DECEMBER 2017 SOME 35 MILLION SEARCH DOLLAR AS WELL. COMMODITIES PRICES ALSO INCREASE FAST AT 2017 END AS COPPER INCREASES 28 % YEARLY, COTTON , PETROLEUM SOME 22% LAST 3 MONTHS THAT IS SOME 1% ADDITIONAL INFLATION FOR USA BY IMF , FED ESTIMATIONS. USA AND EU , UK HAVE JUST DECIDED THESE DAYS ,WITH THE CLEAR UNDERSTANDING THEY CREATE HYPERINFLATION , TO PRINT ILLEGALLY MONEY AS MUCH AS NECESSARY TO SEE IN LAST ATTEMPT IF THEY CAN SEND THEIR SOCIETIES IN IRRATIONAL EXUBERANCE AND SELL THEM ALL THE OVER EVALUATED SHARES THE RICH HOLD TODAY. The main politicians and central bankers in USA, UK , DE , FR are with some 30 % approval vs 50 % disapproval or are afraid to take posts in DE as capital holders and scientist rule behind them to steal money with inflation for the coming recession. In USA and EU there is by some half trillion illegally printed money already and by some another trillion in safes from QE . That is equal to half M1 for USA and money may multiply to half M2 so some 50 % hyperinflation is expected by now , while money will start to multiply with inflation as when money de valuate it is nice to have loans if not indexed properly interest rates. Now USA EU people hold in safes more then the liquid money in FED , ECB and their banks , so the people are the real central bank in this situation. With 2 , 3 % inflation people will prefer soon to spend the money from safes not lose the inflation and this will accelerate suddenly and sharp the inflation. FED and ECB should be careful, not reckless in such circumstances. The organized crime of rich USA and EU will print first just enough to steal your money but latter will have to cover by some 2 trillions in health , 2 trillions in pensions and 2 trillions housing losses next years so here later printing is expected as well. The high sovereign, private bonds and debts and currency reserves will be devaluated . When the currency reserves are over soon the USD and EUR will decline in currency crisis, similar to the pound. The shares are supported with illegally printed money for some year by now so the devaluation of the dollar and EUR and pound will continue and inflation will follow soon so check alone price basket. What will follow in the economy of USA and EU is similar scenario to the end of Solviet union with change of economic system with strong inflation that leads to disruption of economy. Ask the mentioned by me policymakers in other posts and FED and ECB , UK officials the raised here questions as who is behind them to be so unpopular, is the only choice they have right now to inflate the USA , EU , UK economies substantially to see if irrational exuberance is possible when growth , profits data are falsified and social indicators as debt , inequality ,demography, obesity, social support and many other show clear deep crisis in western societies the same questions for USA, DE, FR, UK, IT , ES premiers. Ask if money are printed illegally and provided straight to USA , EU , UK banks to bail them out and buy shares to prop the prices on people account ? . . . currency crises for bubble… with the illegally printed money to prop the share market for a bubble fed provided a lot of liquidity on the market that is kept in jars. That liquid money reduce the price of the dollar and create avalanche effects of returned currency reserves. Last one two months fed continues to printing money to intervene on stock exchange , but also spends the currency reserves hold by the commercial and fed banks to hold the price of dollar stable for a while. The criminal policy of ECB is similar. There is also increase in inflation in US and EU for this reason though the growth is manipulated data to stop outflow of deposits in EU seen in Target 2 loans among eu countries with this bluff , while usa Is bluffing growth for stock exchange bubble correlated news. When the truth is revealed the money from the jars that may be by trillion for eu and usa only from the quantitative easing will be added as liquidity to new illegally printed money straight donated to banks by you public to create inflation. This policy usually ends with hyperinflation as currency crises as social costs cannot be postponed and money will be printed to cover them. Follow eu , uk for similar story not to be happening there for printed money for a bubble that create inflation and reduce currency on your account.

GE0RG1 FED , ECB , UK 2 BANK STRATEGY FOR HYPERINFLATION , EVIDENCE , SOVEREIGN AND CORPORATE BONDS DEVALUATION AND SHARE BUBBLE . Ask the following persons the questions I raise Trump , Christine Lagarde , May , Macron , Merkel , Draghi and all ECB governors, Yellen , Powell and all FED governors , Carney , Junker , Moscovici , Trudeau and all EU commissioners. Sometimes these low popular politicians may be influenced with legal cases and other means as Lagarde or Trump. So raise these questions in front of knowledgeable scientists as Krugman , Obstfeld , Rogoff ,Tibshirani , Stiglitz , Tirole , Barnie , Deaton , Blundell , Thaler , Guillen ,Schauble, Kretshmer , Falk, Shiller , Bernanke ,Summers , Romer , all Bruegel . THE PURPOSE OF FED, ECB , UK IS TO PRINT AS MUCH MONEY ILLEGALLY AS THEY CAN NOW TO SEE IF THEY WILL CREATE IRRATIONAL EXUBERANCE FAST , THE CITIZENS TO BUY SOME 30 TRILLION OVER EVALUATED SHARES THE RICH , HOLD AND THEN TO DEVALUATE LATTER THE HUGE BONDS AND DEBT OF THE GOVERNMENT AND COMPANIES. EVIDENCE FOR ILLEGAL PRINTING OF MONEY IS THAT LAST 7 Q THE BUYBACK DECLINES FROM SOME 750 BN SP 500 TO 600 BN YEARLY WHILE FOR THE LAST 3 YEARS SP 500 BUYBACK INDEX IS 4 % LESS THEN SP 500 INDEX SO THERE IS ANOTHER FACTOR THAT INCREASES SP 500 – ILLEGALLY PRINTED BY FED ECB UK MONEY. THE SHARES INCREASE SUBSTANTIALLY SO THE BUYBACK DECLINE IS SUBSTITUTED WITH SOME HALF TRILLION PRINTED MONEY. This , with by some 1 tn in safes from QE in USA EU, will create inflation that will devaluate the substantial debts of issued bonds by USA , EU companies for some 7 trillion waisted buyback only in USA as the companies bankrupt to pay these debts if the over evaluated shares decline so that fewer manager will jump from skyscrapers as in 1929. The debt in USA is close to 1929 levels. Many central banks and commercial banks have returned reserves to usa , eu that cheat and bluff with their currency reserves and their currencies will decline soon. USA and EU may even have borrowed curacy reserves from some of the countries with a lot of reserves to cover demand and bluff currency stability to pay latter even double with devaluated dollar or eur for last attempt on share bubble, citizens even run in bitcoins in fear of us , eu uk currency devaluations , bitcoin is also a government project supposedly so foreign currency may be better choice. Ask USA , EU , UK governments , FED and ECB now the mentioned up questions as this illegal printing and following declining dollar ,eur , pound and inflation will distort the economies. Have in mind the usa tax bill that envisages deficits in medium run and the substantial by 2 trillion in pensions, 2 trillion in health and 2 trillion in housing guarantees that have to cut costs next years or further money will be printed in inflationary spiral and hyperinflation that follows. If USA and EU borrow 250 bn currency reserves for a Christmas rally they may have to return latter half trillion to these countries with usd and eur devaluation. UAS Tax bill will lead to credit rating decline and increase of yields of sovereign and corporate debt. Follow carefully the currency reserves the countries hold so there will be no cheating with data and illegal lending to usa and eu , make surveys and publish for currency reserve policy of central and commercial banks or ask questions not to be surprises latter as 100 bn multiplies to 10 percent of EU size 10 trillion economy for example for 10 % inflation so who will lend such money for the unsuccessful inflated usa bubble that does not sell shares to us citizens that should be robbed in irrational exuberance but they stay calm as surveys for share of them who buy shares and not persistently high sentiment indexes show . For now 2017 end USA show some 100 bn usd currency reserves , Eurozone some 60 bn as all US banks reserves in 2016 end have been some 400 bn and should be depleted a lot. The impossible trinity to keep stable dollar , eur , pound with free flows of capital will end the USA and EU scare reserves soon. Rest of the world holds at least 5 tn usd and 1.6 tn eur currency reserves and the risk of returning avalanche reserves is high for the first ones in.

GE0RG1. . . MERKEL RUNS FROM RESPONSIBILITY FOR NOW AS THERE IS DEBT OF SOME 1 TRILLION DOLLARS AUSTRIA CANNOT SERVICE WELL INVESTED MAINLY IN CEE, ALSO SOME 0.91 TRILLIONS TARGET 2 GIVEN TO OTHER EU COUNTRIES TO SUBSTITUTE LEAVING DEPOSITS DIFFICULT TO COLLECT BACK , AS WELL AS GERMANY BANKS LOST A LOT OF DEPOSITS THAT THE NEXT GOVERNMENT HAS TO ADMIT TOGETHER WITH A LOT OF ILLEGALLY PRINTED MONEY BY ECB THAT LEAD TO HYPERINFLATION SPIRAL. No one else will buy recklessly junk bonds to collect them with force so EU will fall apart without Merkel , so the circles behind her push her strongly to be premier to keep their share bubble and wealth and all others run away to support her or take responsibility of reckless investments and loans she is so confused and greedy that may expect even I to pay them. Check Target 2 data these days for last month as I describe, I suppose they may be cheated by ECB fear of happening deposit run. Deposits leaving EU banks , rationing is coming in EU. USA may steal them so diversify. See how EUR declines 20 % close to currency crisis 25 % and ECB bluffs with interventions these days. Catalonia banks move their headquarters and may very soon impose deposit rationing. Then all EU will expect deposit rationing for them and deposits will leave. Bundesbank's TARGET2 claims increase a lot to some 0.91 trillions at end September 2017 according to monthly updated by them website where you can also see time series as Germany should not be able to provide much more means for mainly Spain , Italy but also Portugal , Greece banks in trouble to cover for their non reversible process of leaving deposits you may find on line. There will be soon deposit rationing in EU as the ECB bluff for growth and election changes in France , Germany does not work. . . . Require deposit rationing from Draghi as his friends will try to take complete deposits out and the loss of banks and costs for refinancing leaving deposits will be paid by you. There are some trillion loss for some trillion deposits left and most Europeans realize such connection as they move deposits ..See low prices of banks in EU as proof for trillions of assets. Main loss is coming from bad loans in eastern Europe some of the greatest in the world and bad prospects for growth in EU due to high government debts and wage rigidities. Follow Austrian banks telecoms as EU tries to sell lemons first. Greek banks are bankrupted with assets in Eastern Europe , Austrian banks work in the same region and their banks and telecoms data may be cheated . Follow also for illegal activities as money washing Austrian banks and telecoms. Follow EBRD condition , competence and fund mismanagement as well as all funds that cover eu sovereign bonds. Yellena may steal EU deposits. Ask them until when they will endanger the health of my family for the facts I reveal that endangers their financial markets forever. My family was moderately poisoned these days to scare me not to write here. - GE0RG1 POLITICAL SYSTEMS GAMBLE IN USA EU , FR DE UK IT ES PUT COMPLETE POLITICAL SYSTEM VS POPULISTS AS NOBODY TRUST THE GOVERNMENTS TODAY SIMILAR TO JOHN LAW A FRENCH FINANCE MINISTER THAT CLAIMED THAT HIS COMPANY CONNECTED WITH THE COUNTRY HAS BUILD HUGE PROJECT IN THE FIELDS OF MISSISSIPPI , YELLEN , TRUMP, DRAGHI , JUNCKER BLUFF THERE IS VERY STRONG GROWTH IN US , EU. When revealed that there are no projects in Mississippi , John Law escapes from France where the share bubble ends. Many finance minsters in Europe had similar sad destiny, do you remember also how Ceausescu run and Milosevic was hidden in a kindergarden. the political situation in usa and eu is that many presidents and ministers , central banker are determined to be the worst ever. This is true for USA president and Yellen fed head from cnbc survey as the lowest grade chairman. The French president approval declined at lowest place compared to all recent presidents , with similar situation in UK , Germany , Italy Spain, ECB , EC. Many of them stay to be blamed when deposit rationing is imposed in EU and the share bubble ends in USA to steal your deposits and savings reciprocally in EU and USA. Many politicians are supported by several political parties that puts the complete current political systems against populists as in France example. wiki Populism is a mode of political communication that is based on contrasts between the "common man" or "the people" and a real or imagined group of "privileged elites", traditionally scapegoating or making a folk devil of the latter. Populists can fall anywhere on the traditional left–right political spectrum of politics, and often portray both bourgeois capitalists and socialist organizers as unfairly dominating the political sphere. Populism is most common in democratic nations. Political scientist Cas Mudde wrote that " that populism is inherent to representative democracy; after all, do populists not juxtapose 'the pure people' against ' corrupt elite

wenn jetzt aber nun eine zentralbank wie z.b. die boj einfach hergeht und einen zinskorridor festlegt wie jetzt aktuell geschen bei maximal 0,1% bei den 10 jährigen schuldtiteln, dann ist nur noch über die monatliche eingriffskaptalhöhe eine information ersichtlich, die anzeigt wieviel kapital die boj eingestzt hat um diese zinsgrenze zu halten.

aus dieser mal höher mal niedriger ausfallen zahl, kann nur spekulativ abgeschätzt werden was der markt als zukunftsszenario ausmachen möchte.

sollte es zu einer infltionsbeschleunigung kommen dann ist eine zentralbank mit einer festen zinsobergrenze nicht unbedingt gezwungen diese zu erhöhen, es ergibt sich für eine zentralbank dann der sondereffekt der niedrigeren staatsverschuldung durch die inflationierung der prozentual gebundenen einnahmen.

aus der sicht der zentralbank, die einen hohen eigenen schuldtitelanteil am markt hält, ist diese herangehensweise wohl die effektivste, um auf lange sicht gesehen ihre bestände ohne großes risiko zu verringern, da sie immer die zinskontrolle ausüben kann.