Central Bank Should be "Reduced to Zero", says Italy's Deputy PM.
In this report, I cover the early market action from London on Monday, February 11th, 2019. I look briefly at the precious metals, the stock market, the dollar, and the other currencies, the bond market and the price of crude oil.
Today I look at a story that came out of Italy this weekend in which the Deputy Prime Minister of that country called for the Bank of Italy to be "reduced to zero". It is encouraging to see people like Matteo Salvini calling for a crackdown on the Central Bank as I have said many times in the past that these institutions are the Head of the Snake of the fraudulent Fiat Money system controlling the world for over one hundred years.
I also look at a story from the Weekend FT which points out to the failure of the unconventional monetary policy the Central Banks have been implementing for the last decade and how economic uncertainty is at the highest level seen since 2006 according to a UBS index.
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"Beppe Grillo 1998 "Banksters":
Good morning mario, loving the grillo video hehe, the difference between a sled dog and a bankster haha, very true thank you for the great start to the day! have a good one yourself my friend :)
It is evident lately that the banks (CB's included) are in a panic and under heavy assault. Can they survive as they have in the past... time will tell.
We are moving closer to the inevitable 💯🐒