Jonny Fry Posted

Central banks continue to print cash

 

A light-hearted observation in these troubled times……..
 
In children’s stories we often are told about the magic fairy who comes to the rescue, fixing problems with the swish of a wand.

Well, it would seem that governments and their central banks have made the most of ‘self-isolating in their castles’ (no doubt studying Harry Potter, Merlin the Magician and Cinderella’s fairy god-mother), dusting off their magical printing presses across Europe and, indeed, globally. Huge sums of cash have been promised, but ‘Wizard’ Trump and his elves have shown the greatest largess by passing a bill to...