The Credit Structure Of The United States And Its Vulnerabilities
Posted April 10, 2017
It is not possible to understand an economy without understanding how that economy is financed. In the latest Macro Watch video, we examine the credit structure of the United States and we explore its vulnerabilities.
We see who has lent the $66 trillion that has been borrowed in the United States. We also consider the origins of the money that was lent. Did it come from savings, fiat money creation or credit creation?
We find that savings are becoming increasingly insignificant as a source of financing. Credit Creation provides the funding now.
This change greatly increases the financial system’s sensitivity to interest rates.
Too much monetary tightening by the Fed could cause a systemic financial sector collapse and an economic breakdown. That means interest rates are likely to remain lower for longer. If they don’t, Creditism will collapse and the global economic bubble it has produced will implode.
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Ujenzi wa Mikopo ya Marekani na Udhaifu wake: Haiwezekani kuelewa uchumi bila kuelewa jinsi uchumi huo unavyofadhiliwa. Katika video ya hivi karibuni ya Macro Watch, tunachunguza muundo wa mkopo wa Marekani na tunachunguza udhaifu wake. Kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano, kwa mfano. Pia, tunachunguza chanzo cha pesa zilizokopwa. Je, ilitokana na akiba, uundaji wa fedha za kisheria au uundaji wa mikopo? Tunaona kwamba akiba inakuwa inazidi kuwa isiyo na maana kama chanzo cha fedha. Uundaji wa Mikopo hutoa ufadhili sasa. Mabadiliko haya huongeza sana unyeti wa mfumo wa kifedha kwa viwango vya riba. Mabadiliko makubwa ya Fed yanaweza kusababisha kuanguka kwa sekta ya kifedha na kuanguka kwa uchumi. Hiyo inamaanisha viwango vya riba vinaweza kubaki chini kwa muda mrefu. Kama hawataki, Creditism itaporomoka na Bubble ya kiuchumi ya kimataifa ambayo imezalisha itaporomoka. Wanachama wa Macro Watch wanaweza kuingia na kutazama video hii sasa. Ina muda wa dakika 22 na ina chati zaidi ya 50. Ikiwa bado haujasajili, bonyeza kiungo kifuatacho: Kwa punguzo la usajili wa 50% bonyeza tab <unk>Jisajili Sasa<unk> na, unapofundishwa, tumia nambari ya kuponi: muundo Utapata zaidi ya masaa 33 ya video za Macro Watch zinazopatikana kutazama mara moja. Video mpya itaongezwa karibu kila baada ya wiki mbili. Tafadhali shiriki blogi hii na wenzako na marafiki.