Do you think that central banks will truly be able to reduce their balance sheets and begin the taper? Or is that just a fairy tale we are told to make the markets calm?
Interest rates are the catalyst. Interest rates are the linchpin. If central banks actually do what they promise and reduce their monetary easing, the entire global stock market will crash. If they decide to leave rates low and perhaps print more money, central banks will create a quickened destruction of the value of their currencies we are forced to use as legal tender. This isn’t going to end well.
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Reward Work, Not Wealth: To end the inequality crisis, we must build an economy for ordinary working people, not the rich and powerful
Netflix Blasts Past Q4 Subscriber-Growth Expectations, Shares Soar to All-Time High – Variety
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