Jim Willie: Broken Central Banks: 4 Quick Pix | Gold Eagle

The Western central bank franchise system is totally broken, totally insolvent, and totally corrupt. It invites the Gold Standard return. The entire financial system is built upon a debt-based monetary system. The debt saturation process has run its full course. The central bank heads have been covering the sovereign debt for the last five years, having rendered their balance sheets as ruined.

Source: Broken Central Banks: 4 Quick Pix | Gold Eagle

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