Wednesday, August 9, 2023

Show Me The Money!

Sometimes all it takes is a picture or two.

Oh so much can be explained about inflation, stock prices and housing by a quick glance at the charts below: assets on the balance sheets of the Fed and ECB.  

Just in case you're not 100% percent familiar with monetary matters, within just a few months the Fed printed $5 trillion and the ECB 4.5 trillion euro. 

Enough said... but please note that they are currently attempting to drain the oceans of cash, albeit ever so slowly. 

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