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Bill Bonner

Posted by ipso facto @ 11:30 on July 1, 2021  

YOUGHAL IRELAND – Yes, it’s the age of miracles. The Bubble Epoch. The silly season.

And it just gets sillier and sillier.

Christine Lagarde, who holds the top spot at the European Central Bank (ECB), announced that she’s going to continue pumping up the money supply by 17 billion euros per week.

She says it is going to add 1.8% to Europe’s growth over the next two years. That is, somehow the fake money will be magically transformed into real wealth.

How does she know that?

https://www.rogueeconomics.com/bill-bonner-diary/the-bubble-epoch-gets-worse/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.