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Central banks to destroy the future

September 19th, 2008 · No Comments

I agree, that central banks task is not easy. But I strongly agree, that they have saved the economics now.

FED and ECB have saved the day, but not the future. Central banks have delivered billions of virtual money which will only increase the inflation. Investors seem to be happy for a while, but direction will change, when the warnings of the companies start.

I’m not happy with the situation at all.

Tags: Business

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