How will we know when the money printing game is coming to an end?
Andy Hoffman of Miles Franklin says, "The biggest alarm bell is the Fed. Forget what they are doing behind closed doors with the fake 'tapering.' When Janet Yellen is forced to come out and say we got to stop the taper, or we got to reverse it because of the failing U.S. economy, that will be the final alarm bell.
In this interview with Greg Hunter, Andy Hoffman also warns that the negative interest rates installed by the ECB last week signals big trouble. This is a major alarm bell for everyone and a major inflection point. Now, the central banks have dared go where even the Bank of Japan has not gone, which is to take rates to a negative level.
No comments:
Post a Comment