Marc Faber: The Fed Party Is Over, Invest OverseasYouTubeFeb. 19, 2013 |
America Last: House Bill Provides $26B for Israel, $61B for Ukraine and Zero to Secure U.S. Border
Bari Weiss' Free Speech Martyr Uri Berliner Wants FBI and Police to Spy on Pro-Palestine Activists
Telegram Founder Changed Mind on Setting Up Shop in San Francisco After Being Robbed Leaving Twitter HQ
Report: Blinken Sitting On Staff Recommendations to Sanction Israeli Military Units Linked to Killings or Rapes
MSNBC's Joy Reid Celebrates Prosecution of Trump as Racial Revenge Against Whitey
For four years the FOMC has been printing money to keep interest rates low in order to stimulate the economy. For just as long investors have been hand-wringing over the long-term dire implications of such quantitative easing. The basic idea is that the Fed will eventually stop printing and all assets would tumble, priced as they are relative to risk-free money. With the Bank of Japan, Europe, China and seemingly every other major economy now doing variants on this form of stimulus, the "race to debase" currency has become a national phenomenon. |