Wild money printing

17 Jul

“One of the more preposterous deeds of modern central banking involves creating digital monetary credits from nothing and then using the faux money to purchase stocks.  If you’re unfamiliar with this erudite form of monetary policy this may sound rather fantastical.  But, in certain economies, this…”

Source: Destination Mars | Economic Prism

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Posted in Banks, Business cycle, Central banks, Crony capitalism, Economy, Free markets, Inflation, Politics, Stock market


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