Central Banks Have Bought A Record $1 Trillion In Assets In 2017

Via zerohedge.com

“You cant taper a Ponzi Scheme” – Mitch Feierstein @planetponzi

  • “A quick, if familiar, observation to start the day courtesy of Bank of America which in the latest overnight note from Michael Hartnett notes that central banks (ECB & BoJ) have bought $1 trillion of financial assets just in the first four months of 2017, which amounts to $3.6 trillion annualized, “the largest CB buying on record.”

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