Many people say the FED will have to continue QE becuase if interest rate raise, US government will be the first to default. But printing money is not working, just buying time. It did not work in Japan. It has never worked before, just lead to hyperinflation.
So what do you think will be the next move?
1. resume or increase QE by all central banks? which could buy some time but has the potential to destroy the bond market anyway.
2. Taper QE. but how to control interest rate?
3. A global debt reset and a new currency system?
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