Wednesday, January 29, 2014

The Wild Card: Central Banks

The unknown wild card, for me anyway, is what is going to happen when central banks cut back. America`s central bank says its going to continue to cut back. I suspect they will, until, what happens is: markets around the world start going down, they will start getting scared when markets are down 15 or 20 percent, they will get scared and start printing money again.

Eventually this is going to lead to inflation that everybody notes about.