Inflation Explained Simply
August 5, 2006 -
We at SmartKnowledgeU are constantly surprised by how little people understand the manipulation of monetary flow and inflation by the world’s central banks. Especially since such policies affect everyone that is invested in the global stock markets, real estate markets, currency markets and commodity markets. In late May, 2006, for weeks, the top stories that ran on every online financial news site speculated on whether the U.S. Federal Reserve would raise interest rates for the 17th straight time. This story ran for days on end, the speculation itself fueling volatility in the global markets.
In addition, they run erroneous reports all the time such as terrorist concerns driving the stocks of airline industries downward. Many airline companies were in trouble long before any terrorist concerns and would have continued to have been in trouble without any terrorist concerns due to many other more important outside factors. Read more …
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