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Quantitative Easing On Steroids

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Everyone knows that asset prices are being supported by central bank money printing called quantitative easing. Central banks such as the Federal Reserve(FRB), Bank of England(BOE), and now the Bank of Japan(BOJ) are printing money at unprecedented levels. When a country can buy its own debt from money created out of thin air that money will then go into stocks and inflate the equity markets.   ...

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