MARKET FLASH:

"It seems the donkey is laughing, but he instead is braying (l'asino sembra ridere ma in realtà raglia)": si veda sotto "1927-1933: Pompous Prognosticators" per avere la conferma che la storia non si ripete ma fà la rima.


mercoledì 25 ottobre 2017

Central Banks Just Printed the Equivalent of Germany's GDP

The world's Central Banks have finally succeeded in unleashing an inflationary storm.

The first pickup has only just begun to be felt. But this time next year, when inflation is well north of 4% globally and the big price moves have already occurred, everyone will be screaming "INFLATION!"

How did this happen?

Globally, Central Banks are now printing over $120 BILLION per month. Andthis is happening at a time when most major economies are out of harm's way.

Put another way, the economies of the EU, Japan, and the US are all growing rather than contracting… but Central Banks are printing MORE money today than they were during the depths of the last systemic crisis (the EU crisis of 2012-2013).

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Are You Ready For the Next Crisis?

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