#Fed #ECB #BOJ #taper #QE #stockmarket #inflation #hyperinflation #dollar #gold #silver
Today we will look at why the major central banks of the world are trapped and will not be able to successfully taper or normalize their balance sheets.
Any talk of tapering by Central Bankers should be ignored as their real policy is one of financial repression or extracting wealth from investors via negative real yields.
Yardeni Research on Central Banks: https://www.yardeni.com/pub/peacockfedecbassets.pdf
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