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Ford CEO Concerned; Why You Should Be Too
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
investmentcontrarians.com / By Sasha Cekerevac / April 2, 2013
Following the global recession, many countries still lack resurgence in their economic growth levels. Many central banks around the world have used their primary tool, aggressive quantitative easing, to try and revive economic growth.
One issue with quantitative easing is that it can drive a currency downward in value. This can have some positive effects in improving economic growth by making that nation’s goods cheaper and driving exports; although it can hurt economic growth, as the price of imports rise, driving up inflation.
This is a tough goal to achieve, in trying to increase economic growth through a very blunt tool, that of quantitative easing. Whereas some initiatives have laser-like precision, quantitative easing is not one of them.
One nation that has recently embarked on a very aggressive quantitative easing program, and will continue to do so, is Japan. In November, Japan elected a new Prime Minister, Shinzo Abe, who called for a very large quantitative easing program to jump-start economic growth. Since the election of Abe in Japan, the yen has fallen by approximately 15% against the U.S. dollar.
Thanks to BrotherJohnF
2013-04-02 17:47:02
Source: http://silveristhenew.com/2013/04/02/ford-ceo-concerned-why-you-should-be-too/
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