Submitted by Phoenix Capital Research on 01/19/2014 12:03 -0500
The Central Bank rig of the last five years appears to finally be ending.
Since the Great Crisis erupted in 2007-2008, Central Banks around the world have resorted to two primary tools in their efforts to reflate the system:
1) Lowering interest rates
2) Quantitative Easing or QE
Regarding #1, since 2007, Central Banks have cut interest rates an incredible 520 times. One could write a multi-volume book on the consequences of this, however, painting in broad strokes lower rates do the following: