“Despite quantitative easing (QE) not really bearing any fruit for the common man, the Federal Reserve is likely to continue with it and go ‘up to QE99,’ says investment guru Marc Faber. He strongly feels easy money has not boosted employment for the ordinary people; instead it has given a philip to asset prices owned by very small portion of the population. Property prices over the last 12 months are up 35 percent, but all this has not helped the man on the street, he says.”
Related posts:
Study finds medical cannabis is effective at reducing opioid addiction
Russian Police arrests Libertarians during Adam Smith forum
Fed to Explode QE Next Downturn - Can't Control Velocity
Bruce Schneier: Economist Detained for Doing Math on an Airplane
United States Drops to 7th in WEF’s Global Competitiveness Index
Bernanke’s Helicopter, and a Note About 9/11
Messaging giant Line catches cryptocurrency fever
New iOS flaw makes devices susceptible to covert keylogging
Junior Mining Stocks to Beat Previous Highs
High-Profile Dutch Lawyer Welcomes Bitcoin Payments
Introducing Islamic Financial Futurist David Cameron!
Americans: One Divorce You'll Never Get
Caregiver Bloomberg Now Wants New Yorkers To Use The Stairs
Get Out of Muni Bond ETFs Now
Millibits and Mastercoin