Excess liquidity

 

Central Banks are creating too much liquidity and depreciating the real worth of their currency. The bourse's daily re-evaluation of the real worth of companies is based on the fear of losing money and therefore irrational and wrong. I have to think it all over. 

Why should I fear losing money? I need no more money. My children are all set up. Anyway, as Prof Thompson says  (https://www.unz.com/jthompson/social-immobility), apart from maintaining them in life, nothing that I can do will help them. It was obvious to me forever.