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 Pittsburg, Kansas | With greater liquidity in the system, higher prices are more sustainable than if there was less liquidity.
Zimbabwe had the best performing stock market of all times.
I am not saying we are Zimbabwe. Just that more liquidity equals higher prices in some segment of the economy. In our case a portion the extra world liquidity has ended up in our stock and bond markets. One of the things pointed out in one of the articles.
John | |
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