All Posts Tagged With: "ECB policy"

Stimulus and Money Printing to Create New Oil Bubble

FX Street:

Is oil at a turning point? Get ready bubble buyers as the next big oil bubble is getting inflated once again. There is 1.1 trillion dollars of global economic stimulus and a global interest rate imbalance between the United States and Europe and this is creating the same type of macroeconomic conditions that caused oil to spike up to $147.00 early in this economic crisis. Forget about supply and demand for the moment because they are just a passing afterthoughts. The commodity markets seek to adjust to what the UK Prime Minister calls a ‘New World Order”. A new…

7Apr2009 | The Real Deal | 1 comment | Continued

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