GOING BEYOND
4.09.2012
Why we can expect more money printing from central banks
Our financial system is nothing short of absurd. We have a global marketplace, where millions of people trade countless different products, both real and financial. As a British investor, you can buy exposure to virtually any economy in the world, and any asset class you like. An almost infinite number of variables are acting on this system at any given time. Everything from the weather in Bangkok to the mood swings of European finance ministers has an effect on it. And yet, more than anything else, the price movements across this whole elegant network are dependent on one thing: the mutterings of a small group of men in a room in Washington DC. So much for free markets…
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