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Silver Report Uncut: $29 Trillion Stripped from World Economy, How much has the Fed Monetary Assault Cost the US and the World


Silver Report Uncut Sep 28, 2022 How much has the Fed’s epic “inflationary is transitory” policy error cost the world? Try $29 trillion and counting. According to calculations from Bloomberg’s Robert Fullem, the combined market value of the Bloomberg Global Aggregate bond index and the MSCI World index has dropped $29 trillion since its peak in November 2021. The price gauge of the former has dropped to its lowest level since 2011. That is more than twice the level of the world’s international reserves assets, currently at about $12 trillion. As Fullem notes, the drop in asset prices may not…

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