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Central bank’s turning slowly in ending pandemic’s easy money era


Bloomberg/Enda Curran/9-25-2021

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‘Global monetary policy looks set to stay super easy well into 2022 even as central banks edge closer to dialing back their emergency support in the face of mounting inflation pressures.”

USAGOLD note: Slow and easy – just what the financial doctor ordered. Have you ever wondered why Fed chairman Powell never addresses the Fed’s role in funding the federal government operations? After all, it is still the elephant in the room that has “Bond Market” on the door……

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