​This Is A Slow-Motion Nationalization Of The Economy – Tyler Durden

This Is A Slow-Motion Nationalization Of The Economy Authored by Daniel Lacalle, Global liquidity is expanding. In the past three months, the global money supply has soared by $4.7 trillion. This rapid increase started when the Federal Reserve panicked the first time and delayed the normalization of the balance sheet in June. Since then, we have seen a chain of fresh stimulus policies implemented by developed economies, adding to the large fiscal packages already in place. Multi-trillion-dollar investment packages like the EU Next Generation Fund now include massive deficit spending plans. However, money velocity is not rising. All these programs only lead to…  — Continue at ZeroHedge News : Read More