As I
said earlier in this newsletter, the FED is currently the only central bank out
of the three largest central banks that is tightening their fiscal policies,
which can be clearly seen in the chart below. It shows the bond holdings as a
share of GDP by each of these central banks and clearly indicates that the FED
is on its way out, while the ECB and BOJ are steadily buying up every bond they
can find. The BOJ has now practically reached a level of asset holdings that is
equal to its GDP!
Where does all this money go to, you might wonder. Much of it has ended up in the pockets of 1% of the population, who now hold a combined amount of wealth that is higher than the entire world GDP.
The information contained in this publication is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed in this publication is that of the publisher and is subject to change without notice. The information in this publication may become outdated and there is no obligation to update any such information.
Where does all this money go to, you might wonder. Much of it has ended up in the pockets of 1% of the population, who now hold a combined amount of wealth that is higher than the entire world GDP.
The information contained in this publication is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed in this publication is that of the publisher and is subject to change without notice. The information in this publication may become outdated and there is no obligation to update any such information.