Marc Faber: The Fed Party Is Over, Invest OverseasYouTubeFeb. 19, 2013 |
All-Indian Crew On Ship That Crashed Into Baltimore's Francis Scott Key Bridge
Texas Gov. Greg Abbott Signs Executive Order to Punish 'Antisemitic Rhetoric' on College Campuses
RFK Jr Names Nicole Shanahan as VP Pick
Israel 'Admits It May Not Be Able to Destroy Hamas,' Blames America
Israeli Lawyer Who Pushed 'Hamas Mass Rapes' Hoax Accused of Scamming Donors
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. |