The central banks debt fuelled equities rally is a thing of concern.
Printing significant amounts of currency, without significant amounts of backing, is wrong. It’s a blatant abuse of power.
It’s like printing money out of thin air. Over a period of time, people will lose the respect & trust for such Aladin money.
Right now it’s a clown world. It’s beyond my understanding how the policy makers are trying to hide a small hole by creating an even bigger hole.
To repay the previous debts, a new pile of debt is created. An official Ponzi scheme by central banks across the globe.
Enjoy the party while it lasts. When the music stops & printing machine goes silent, there would be rush out of the dance floor unfortunately creating a stampede like situation.
