Wealth creation in 2021 is about to look quite different to anything you may be used to when it comes to real estate and alternative investing strategies. In this article, which comes after the bloodbath seen in the markets post US election dramas, you’ll gain valuable insights into what’s around the corner.
CBDC or Central Bank Digital Currencies have seen a lot of activity in the month of October, with crucial policy statements coming from the International Monetary Fund (IMF) as well as the Bank For International Settlements (BIS). In this article, which is arguably the most important article I have published this year, we will look at the impact of the CBDC rollout in the context of everyday citizens across the G20 nations.
Capitalism is not a self-organising structure. It needs cooperation between governments/central banks and market makers to keep things going. The problem, however is that central banks, that are meant to act as referees are becoming active players on the field with their exacerbating QE policies and forward guidance programs all in the name of “printing more FIAT currency”.
Capitalism by its very definition has a massive internal issue which no one can escape from for too long because that issue is built into the SYSTEM. It is this issue that causes market cycles. The caterpillar of boom and bust – its part of its nature. Capitalism was and always is a short term fix to a long term problem.