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Maybe they will start buying some corn and beans?
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John Burns
Posted 6/9/2017 10:49 (#6061973)
Subject: Maybe they will start buying some corn and beans?



Pittsburg, Kansas

Why not?

http://www.zerohedge.com/news/2017-06-09/nothing-else-matters-central-banks-have-bought-record-15-trillion-assets-2017

But according to some, central bank balance sheets don't matter. They can just keep going up, up, up to infinity.

Once we get a another rate hike or two, the US will go into recession (if it is not already there since we never know till after the fact), and it will once again be the Fed's turn to pump up liquidity. That is what Jim Rickards said five or six years ago. Central banks will not all inflate at once. They will take turns.

I still say this is not going to end well.

John



Edited by John Burns 6/9/2017 10:55
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