When financial markets get into trouble they run to the financial world’s “bomb shelter”, the US bond market. But in March of this year the bomb shelter itself was rocked as even treasury shares were sold off. Since then the central banks have done nothing to solve their financial problems.. The Fed keeps printing money it doesn’t have. As the coronavirus continues to decimate small businesses and unemployment takes its toll on the real physical economy, how long can the Fed keep on printing money?
Read in WSWS
