A Problem Emerges: Central Banks Injected A Record $1 Trillion In 2017… It's Not Enough
- Where did the money come from for Central Banks to buy these assets? Mostly from thin air. Practically, all central banks in the world are privately owned Illuminist organizations. They are owned/controlled by the Satanic bloodlines. They create money out of thin air to buy up the world, financially destabilize nations, finance wars, terrorism …
– - A Problem Emerges: Central Banks Injected A Record $1 Trillion In 2017… It’s Not Enough
by Tyler Durden, www.zerohedge.com
Two weeks ago Bank of America caused a stir when it calculated that central banks (mostly the 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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BofA’s Michael Hartnett noted that supersized central bank intervention which he dubbed a “liquidity supernova” is “the best explanation why global stocks & bonds both annualizing double-digit gains YTD despite Trump, Le Pen, China, macro…”
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To be sure, Hartnett’s “discovery” did not come as a surprise to regular readers: back in October 2014, Citi’s Matt King calculated that it costs central banks $200 billion per quarter to avoid a market crash, or as he put it:
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