Becasue the FED doesn't print money it simply adjusts reserves. The ECB and FED have reduced liquidity of $4.4T and that means $44T in credit must be destroyed. maximum $88T. Its called leverage. Where do you think that reduction will come from?
Debt 130% GDP is unsustainable will lead to stock market crash, war, etc. I have divested my investments property and paid off my mortgage on my principal residence. The banks are not making 20k - 30k from me through mortgages and I removed all my cash from banks and financial institutions so they can't use my money to make money. Gold 2023 value was 1950 is in 2024 2500. I depreciated up 25% in one year. Being mortgage free and debt free my bank has lost 30k per year. I am no longer a slave of governments, employers and banks. I don't need to live luxuriously but simply and frugally. If everyone did what I did will cause an economic crash. Governments will also need to pay retirement money which I put into the system.
