Global monetary policy in the developed world is the loosest it has been since the German hyperinflation after World War I. That is, central banks in America, Europe and Japan have been printing money like mad.
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| Expect more Central Bank Printing of Money |
I predict, moreover, that we haven’t seen anything yet; the world’s central banks are likely to vastly increase their money creation, resulting in the biggest monetary bubble ever, with perhaps $100 trillion more new money on its way into the global economy. This prediction is not specifically tied to Brexit, the U.K’s vote to leave the European Union. However, we’ll discuss Brexit below in the context of printing money.
