The post GFC 'cheap money' bubbles are popping

Chris Watling | Longview Economics | 19 February 2019 | 0.25 CE

For most of the last 10 years, the major world central banks have been creating significant amounts of cheap money. This has been primarily achieved with various QE and other liquidity programs, as well as negative interest rates in many parts of the global economy. That cheap money has found its way into a number of parts of the world’s economic system and inflated several bubbles. With the Fed having been t...