Mario Draghi has been on the crack pipe again.
Mr Draghi thinks QE has been great both sides of the Atlantic.
The fact that real inflation is going through the moon by the excess currency in existence is evident by the false stock market highs. But of course this doesnt matter does it. Dow 40,000 will probably mean a loaf of bread costs $40.
http://www.bbc.co.uk/news/business-41021422
The article states that central bankers are considering winding down their balance sheets. I cant see how this can happen without a crash of epic proportions.
good keep on
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