The economy keeps getting stimulated by monetary policy, through years of low interest rates everyone got high levels of debt. Keep the economy going became the main goal of central banks, even if this implies sacrificing national currencies.
How is that the economy is growing without any real increase in productivity? The answer is debt. While it is true that in the immediate can help, over the long-term we might not like the consequences
Here’s why the entire economy in the hands of central banks and what it means for your investments. Although it is helpful to fight crisis, the current …