We are mailing money to keep demand up…. If the Gov't throws money in the street, inflation will follow. – Investment Watch
Greenspan, Bernanke, Yellen, Powell…four people who've led the U.S. into massive inequality & the reason why the majority of U.S. households have less than $1,000 in savings coming into the pandemic. So, naturally, D.C. wants to make Janet Yellen the next Secretary of Treasury. Biggest monetary experiment in economic history: Combined balance sheet of G10 CenBanks has topped 50% of G10 GDP due to unprecedented CenBank asset purchases in 2010. The question is, at what level does confidence in the power of central banks start to wane? (Chart via Goldman) pic.twitter.com/ndRYVJmHQ5 The roaring...
Source: investmentwatchblog.com