Japan, Helicopter Money, Cold Fusion And The Disastrous Endgame
KingWorldNews.com
July 14, 2016
With continued wild trading this summer in global markets, it’s all about Japan, helicopter money, cold fusion and the disastrous endgame.
By Bill Fleckenstein President Of Fleckenstein Capital
July 14 (King World News) – Overnight markets were all higher and the world was once again a-twitter over the concept of “helicopter money.” But once again, the pundits and the press are getting the descriptions wrong. Just like they talk about minimal inflation rates as “deflation” because they are scared of a depression, which is what they think deflation means, or refer to a 20% move as a bull or bear market, they are now mindlessly labeling the next step in monetary debasement as helicopter money…
The problem is, we’ve already had helicopter money for the last eight years as we progressed from QE1 and QE2, Operation Twist, then QE3 here in America, only to see the Japanese up the ante by buying assets besides government debt (QQE). Not to mention, in addition to monetization, we’ve also seen ZIRP and NIRP.
The Rest…HERE
