Thursday, June 1, 2017

Cash is not the King in a money printing environment

Central Governments are pumping their economies

"It’s difficult to say what will trigger the downfall of asset markets. In a normal, non-manipulated, free-market environment, cash is a very desirable asset. But in a money-printing environment, cash is dangerous. The valuations in the US, as Jared pointed out, are high. They’re lower in Europe."

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