Who is in Control?
The world’s Central Bankers have been acting together since the 2011 European Crisis in an attempt to “manage” global markets and the global economy. In what is the first global monetary easing experiment in recorded history (in the past it has been a few countries at most), there seems to be no end to their ability to come up with new actions designed to stimulate the economy. Heck, if everyone prints as much money as they need and devalues their currency against each other, then everyone wins because each currency devalues together. But, that is impossible, they must devalue against something. If only we knew what that is…..
The problem is the unintended consequences of the policies that are now beginning to percolate.
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