We have heard about QE and massive amounts of money being poured into the economy to jumpstart the economy. But for most part according to my understanding as non economist it does not work that way. The immediate beneficiaries would be those that are near the "tubo" or synchophants The finance companies, the banks, the stock market - not the industries or manufacturing or the productive sector of the economy. Not the poor. Thats why the rich gets richer. The sector that needs the QE will be reached 6 mos or even a year later. Call or delayed reaction.
The masses will get it much later. May be thats the reason why the Phil legislature opted for Ayudas, or even DT gave aid to the masses.
What does it mean for you as a businessman. ?
Get close or include in your mastermind:
1. Govt officials
2. Decision makers
3. Have insiders tip you on latest govt economic policy
4. Get insider information (not for trading)
5. Read read see the trend
No comments:
Post a Comment