Is the World’s Central Bankers’ Strategy Working?

Debt is the world’s problem. After decades of credit inflation, deflationary pressures have been forcing central banks to take actions across the globe. The Fed is not the world’s only central bank dealing with debt. Watch as Steve Hochberg, EWI’s chief market analyst, shows what has happened to GDP in countries around the world as other central banks try to “inject liquidity” into the system.


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For example, did you know stocks priced in real money (gold) are down 87%? Or that U.S. manufacturing jobs are half of what they were in 1979? Or that housing starts per capita are back to 1922 levels?

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