Fleetwood Mac - Tell me lies. Tell me sweet Little Lies
Try harder , your time will come
You really don't know the boomer generation at all do you
Freddy educate yourself and stop talking like a fool
This will help you understand what happened and what is still happening . if you got any brains watch it
KGB defector Yuri Bezmenov's warning to America
He tells you straight out its for changing your perceptions of reality and it working.. your believe bullshit like the matrix
a description of what you post would help, a lot of it is well worth the read
Now look Freedy its been a long time since Barney Rubble and I were neighbors . nothing is new to me
The ECB Creates Jobs for Central Bankers Instead of Safeguarding Financial Stability
The ECB’s zero and negative interest rate policy continues despite the economic upswing. An interest rate hike is not expected before autumn 2019. The extensive purchases of government and corporate bonds will have reached €2,600 billion by the end of the year. The ECB’s financial market supervision as part of the Single Supervisory Mechanism (SSM), which was created in 2014 in response to the crisis, is proliferating. Most recently, ECB vice president Luis de Guindos has expressed the intention to monitor the investment fund sector.
Between 1999 and 2017, the ECB’s total annual expenditure rose from €132 million to €1,086 million. Since 2012, it expanded at an average annual rate of 12.4%. The cost of the ECB’s luxurious new building, amounting to €1.3 billion, is not included in these figures. As a share of the gross domestic product of the eurozone, the total operating expenses of the ECB have grown by 9.2% per year on average over the entire time span (Israel 2018).
Staff and administrative costs, which account for over 90% of total expenditure, have risen by 19.2% per year since 2012. The number of full-time employees has more than doubled since 2012, from 1,638 to 3,384. Average staff costs per employee have increased from €83,364 in 1999 to €158,171 in 2017. This corresponds to 3.6% annually. As shown in the graph, the overall rise in costs is strongly correlated with the ECB’s interest rate cuts. But why is that?
https://thinkmarkets.wordpress.com/2018/12/02/the-ecb-creates-jobs-for-central-bankers-instead-of-safeguarding-financial-stability/