Friday, July 08, 2016

Central Bank Money Printing
Is Levitating Asset Prices 
"Central banks keep increasing the amount of money you get every time you pass Go. If that happens in Monopoly, your investing strategy changes significantly, since the price of assets goes up because the supply of money increases at an ever faster rate. Which means that the velocity of money rises until at some point you have a problem .. We live in interesting times. We continue to see repercussions from Brexit, and the other major players, in Europe, China, and Japan seem to be in a downward spiral (not to mention bubble-like issues in Canada and other parts of the world."
- John Mauldin*
link here to the reference

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