Currency Wars: Is Fed Really Printing Money?
Recently, you must have heard in the newspapers and on the internet that the federal government is literally printing billions and trillions of dollars.
You must also have heard about the US – China Currency wars. Basically all the countries of the world are lowering the value of their currencies by increasing the bank reserves.
And USA also did the same thing which is known as Quantitative Easing (QE) in the sophisticated words. And this Quantitative Easing is the main reason behind shooting up the stock markets and gold price to sky high all around the world.
This is because now more money is in the bank reserves and the circulations and that’s why now more money is chasing the same amount of goods and services in the economy.
And that’s why the price of all the assets around the world is going to sky high. The only problem of such kind of quantitative easings is that, sooner or later the middle class from all around the world will be disappeared and in the next decade, there will be only two classes in the world – Rich & Poor.
And people who are currently living on the paychecks will become poor. And the people who own their own businesses and investments will become rich over the period of time.
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