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RE: Out of Control Fed Prints Equivalent of Chinese and U.K. GDP Put Together.
So are you saying that in 50 days the Fed printed the wealth that took China and the UK's people one year to generate?
So are you saying that in 50 days the Fed printed the wealth that took China and the UK's people one year to generate?
Yes, on an annualised basis. So to put it another way the Fed printed as much in 50 days what it would take the economies of China and the UK to produce or generate in GDP in 50 days.