John Keeley
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duvinrouge.bsky.social
John Keeley
@duvinrouge.bsky.social
Trying to understand!
www.johnkeeley.com
For half a century credit money was able to be created without central banks having to worry too much about the value of their currencies.
Interest rates fell & we got a credit/debt binge as finance capital leveraged.
Hence the biggest asset price bubble in history.
Pop!
October 5, 2025 at 5:09 AM
But could be a very significant crisis: the end of the half century of fiat money & so the end of the biggest asset price bubble in history.
The solvency of much of western finance capital, & even states will come into question.
All because printing money isn't the same as creating value.
June 12, 2025 at 11:54 AM
How long before it overtakes the $ for many of the world's central banks?
June 11, 2025 at 8:34 AM
The law of value will win out & all those iou's will be found out.
That means the end of the $ as world money & an existential crisis for Western finance capital.
June 1, 2025 at 9:23 AM
Half a century of fiat money fuelling the biggest asset price bubble in history, all based upon US govt debt, is coming to an end.
All that leverage is going to be found out.
Existential for western finance capital.
May 29, 2025 at 8:37 AM
The ultimate consequence will be the end of the $ as world money, & so the end of US world hegemony. That will give humanity the opportunity to build a new world order based upon an ecologically sustainable economy that meets the needs of all.
April 4, 2025 at 9:32 AM