“An influential group of leading world banks warned Thursday that central banks are pumping out too much easy money and markets risk becoming dangerously addicted to ultra-low interest rates. The Institute of International Finance, which groups 450 banks, said if central banks continue to flood money into the global economy then any future bid to get it under control could itself destabilize the financial system. ‘These conditions — quantitative easing, very low interest rates — cannot last forever, but the risk is that financial markets have become addicted to them,’ it warned.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Jim Rogers: Short US Government Bonds ‘Right Now’
Young Greeks Helping Each Other to Combat Crisis
Jury awards $2 million to family of Azusa man shot in back by deputy
Supreme Court to consider if silence can be evidence of guilt
Crisis looms after Tongan passports sold
China’s retail investors give up hope as stock market exodus intensifies
KC law firm bets on the future of Bitcoin
Just say no when the TSA asks you to 'chat'
Cashless trend is redefining money, and a central bank's role as printer
Smell of marijuana: Who needs a search warrant when police use their nose?
Brazil becomes world’s 7th most violent country with 1 million murders in 30 years
Italian showdown with Germany as Enrico Letta rejects 'death by austerity'
Home Depot Co-Founder: We Should Throw Edward Snowden a Party - We Ought to Be Grateful
The Washington Post sold to Amazon founder Jeff Bezos
How close are we to getting superpowers?