"Today one of the legends in the business warned that for the first time banks are beginning to push what could be a staggering amount of reserves into the financial system. 50-year veteran Art Cashin, who is Director of Floor Operations at UBS ($650 billion under management), also warned the implications of this are “huge” because it will have a massive impact on major markets, Fed policy, inflation, and may possibly lead to hyperinflation..."
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/17_Unprecedented_$5_Trillion_Liquidity_Monster_To_Be_Unleashed.html
No comments:
Post a Comment