4 ms·
OP said "central banks", as in plural. The ECB, BOJ, and SNB are doing a bang-up job to inflate global asset prices. As for the Fed, their balance sheet unwind
by daxorid 8y ago
OP said "central banks", as in plural. The ECB, BOJ, and SNB are doing a bang-up job to inflate global asset prices. As for the Fed, their balance sheet unwind rate has been a mere rounding error thus far.
- Gibbon1 8y agoI saw a chart that broke out the rise in various prices over the last ten years as the banks injected vast amounts of capital. Things like stocks and real estate went up 150-250%. Things that make up 'core inflation' went up 17%. As someone in my 50's I've come to look at my remaining working years as an asset. The central banks did a bang up job of devaluing that.