Central Banks Wage War Against Low Prices – Ep. 46

23/01/2015 23 min

Listen "Central Banks Wage War Against Low Prices – Ep. 46"

Episode Synopsis



* Big action from the Central Banks this week
* Bank of Canada lowered rates from 1% to .75%
* The ECB announced the launch of first QE program
* The Euro plunged against gold
* Central Banks' goal is to raise the level of inflation to guard against falling prices
* Falling prices accelerate economic activity
* Regulations and taxes slow down economies
* QE in Europe lets the politicians escape the consequences of regulations and taxes
* QE will send European money abroad
* Inflation is an obstacle to economic growthOur Sponsors:* Check out Aeropress and use my code GOLD for a great deal: https://aeropress.com* Check out Boll & Branch: https://boilandbranch.com/SCHIFF* Check out Boll & Branch: https://boilandbranch.com/SCHIFF* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy