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Who would think that central banks pumping money to save the stock market means that this empty money will cause inflation once the rich exit and invest elsewhe
by rvba 5y ago
Who would think that central banks pumping money to save the stock market means that this empty money will cause inflation once the rich exit and invest elsewhere (and leave central banks to hold the bag).
- Emma_Goldman 5y agoQE has been going on 10 years in the West and almost 30 years in Japan without serious inflation. It is not clear that we are witnessing general inflation rather than inflation within particular sectors affected by the global energy and supply-chain crisis.
- rvba 5y agoJapan seems to be in a bad spot in last 30 years and there are some voices that it was all caused by their failed monetary policy. Guess who makes this policy? The central bank. You can check "princess of yen" ( https://youtube.com/watch%3Fv%3Dp5Ac7ap_MAY https://youtube.com/watch%3Fv%3Dp5Ac7ap_MAY ) which is one of the few sources that talks about it. And the saying that "QE is going withot serious inflation" is a joke - people literally cannot afford homes since investment funds got bailed out (central bank is holding the bag) - and now those funds have free cash to buy out anything: homes, resources..
- libertine 5y ago>rich exitinvest elsewhere Worry not, they're already fucking up my country realestate market. There's a general growing feeling that we're being pushed out of our own country - I don't think this is going to end well.