A great market. Do room said it is mad that the dow passed 30000. 00 and current circumstances. I said no equity prices reflect future, not past 2021 will be a great rebound. Im optimistic. U. K. Stocks, especially under price. So engine yell like everybody else. What people are expected to do with the participants and economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think that these are the animal spirits. The fed tries to incur, well responded. Actually, stocks are mostly being driven by global q e, quantitative easing, which really has one major purpose, which is to raise asset prices. Weve been talking about this for a while day by far is one of the central bankers who speaks openly and honestly about whats going on here. So who governs business along over there in the u. K. . Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money for entering.
Not past 2021 will be a great rebound. Im optimistic, u. K. Stocks, especially under price. So anthony l. Like everybody else, what people are expected to do with the participants in an economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think like that these are the animal spirits. The fed tries to incur, well responded actually stocks are mostly being driven by, global q. E. , quantitative easing, which really has one major purpose, which is to raise asset prices. Yeah, weve been talking about this for a while. David blanchflower is one of the central bankers who speaks openly and honestly about whats going on here. So whos covers business a lot over there in the u. K. Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money fronting, according to recent analysis about 50 percent of the dow jones is attributable solely to money printing not from earni
Stocks, especially under price. So engine yell like everybody else. What people are expected to do with the participants in an economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think that these are the animal spirits. The fed tries to incur, well responded. Actually, stocks are mostly being driven by global q. E. , quantitative easing, which really has one major purpose, which is to raise asset prices. Yeah, weve been talking about this for a while. David blanchflower is one of the central bankers who speaks openly and honestly about whats going on here. So who covers business a lot over there in the u. K. Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money for, according to recent analysis, about 50 percent of the dow jones is attributable solely to money printing from earnings, which are in fact going down. But from stock buybacks and other tri
And flower calls it out the way it is. That is for sure, this is all the product of money printing. I mean, its amazing, like this is what we talk about. This is part of the problem that has been going on since 2008 since the 4th turning since the arrival of the new generation into the marketplace of jobs and the economy and they find out its a burnt out wreck of cantillon effect and over priced assets, right that all the young people, the 20 year olds, the 25 year olds having to enter the market with central bankers for the past 10 years, especially 12 years, especially have been pumping up asset prices. Well, that locks out the young generation. So were like, what good is that at the benefit of all the people who the boomers, especially who became of age, who came of age, got their 1st jobs, bought their 1st houses at the beginning of this cantillon effect at the beginning of this ponzi scheme. Since 1071. 00, when the u. S. Went off the Gold Standard, so why youre trying to keep tha
Program guide. Now we start the weekend with author and for the twomac hello and welcome everyone. I am with the event staff of politics and prose. Before we do begin we do want to go over a couple of quick items. At any point during this event you can go to the chat section which you can find below to access the link to purchase a copy of the new issue great help i would ask if anyone has any questions they would like to direct to the author you would put them into a separate q a box. That aside i would like to welcome daniel yergin. He is a highly respected authority. The bestselling author of the price. The remaking of the modern world and shattered peace. As vice chairman. He has joined tonight by susan glasser. They write the weekly column. They have served as a top editor of several washington public classifications. They went on to have the politico. She served as the editor in chief of foreignpolicy which won three national awards. And also susan will be appearing herself on th