Monday, June 29, 2015

Central banks delaying problems instead of solving them [VIDEO]

It’s not just the Fed that has fueled the bubble, it’s the other central banks. The ECB that has fueled the bubble mostly with sovereign debt and bailed out Greece repeatedly. As they bailed out Greece repeatedly, the problem became bigger and bigger and bigger. This is the problem of central banking today-they do not solve problems, they postpone problems.

[Watch video below from 1:02 minute mark]