From ETF Daily News
By Charles Goyette
''The importance of the question accelerates in the face of global
money-printing, which is also accelerating. Since the start of the
economic meltdown five years ago, the balance sheets of the world’s
central banks have been growing at a frantic pace.
The U.K. has led the pack, up 362%, followed by the United States, which is up 223% — even before QE III. China is printing money as well, up 151% during the period, the European Central Bank, 146%, and Japan, 83%.''
''That’s a lot of money-printing.''
read more
No comments:
Post a Comment