If deflation was really on the cards, no way would Blackrock et. al. be wasting money so egregiously as they are with these over valued home purchases. The only explanation is they know that cash and cash derivatives are about to become worthless, and they are trying to hold on to as much wealth as possible during the transition to the new system. Given that they can not buy gold for fear of running the price up and telegraphing the coming move, they have only a few other hard assets they can buy.
It is confirmation that hyperinflation is the only way out. Coming soon to a central bank near you.
If deflation was really on the cards, no way would Blackrock et. al. be wasting money so egregiously as they are with these over valued home purchases. The only explanation is they know that cash and cash derivatives are about to become worthless, and they are trying to hold on to as much wealth as possible during the transition to the new system. Given that they can not buy gold for fear of running the price up and telegraphing the coming move, they have only a few other hard assets they can buy.
It is confirmation that hyperinflation is the only way out. Coming soon to a central bank near you.
Why would you believe a narrative the WSJ is putting out? The admin is causing fake shortages in everything.