You Can’t Just Print More Gold

May 26, 2020 | Economic Collapse

Group of Seven central banks made net asset purchases of $2.5 trillion in March and April together.

In April alone, these purchases were an unbelievable $1.3 trillion, nearly five times more than the previous peak of $270 billion in April 2009, according to Bloomberg data.

As of last week, the Federal Reserve’s total assets stood at a record $7.04 trillion. That’s a third of the entire U.S. economy.

Original article appeared here

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