The Global Slowdown: It’s Time for Central Banks to Admit Their Failure - InvestingChannel

The Global Slowdown: It’s Time for Central Banks to Admit Their Failure

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The data is in: the global economic slowdown provides validation that the joint reflation policies of the world’s major central have failed. Not that they’ll admit that, of course.

Rather, they’ll continue their misguided efforts which only serve to concentrate more and more purchasing power into the hands of the very few at the expense of everyone else — and placing the entire monetary system at greater risk of full-blown collapse.

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