Mises Wire

It's Raining Money

It's Raining Money

Jim Puplava on the explosion of global liquidity that central banks are undertaking:

The world is awash in liquidity with helicopter money that is printed out of thin air and dumped on to the financial system. Central banks everywhere are injecting vast amounts of credit and money into the financial system. Fiscal and monetary policy is focused on reflating the global economy. Money is literally being dropped from helicopters on to the financial system and the economy.

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