Skip to comments.Flooding The World With New Currency Is Getting Old
Posted on 02/01/2014 7:41:36 PM PST by Tolerance Sucks Rocks
A person begins heavy drinking in order to get drunk and stay drunk. Eventually, unless he stops and deals with reality, he drinks just to stay saneuntil his health collapses. Likewise, a person may get high from heroin but later need the drug just to stay functional. Creating continual flows of new currency stimulus works in a similar fashion on the economy. Thus far, the Feds (now slightly reduced) monetary stimulus has kept the stock market rising.
But there are signs that the drug may no longer work to get Wall Street high. According to the Financial Times, Stocks suffer worst January since 2010.
(Excerpt) Read more at politicaloutcast.com ...
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