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Central Banks – What the coexistence of QE and deflation reveals about the Western financial system

Common sense (or rather economic sense) would expect that excessive use of the printing press, especially in the US and Japan, causes inflation – if not hyperinflation given the amount of money injected into the system. And yet, it’s nothing of the kind. Are deflation and the printing press conniving in the US ? Or in Europe ? How can that be possible ?
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. BNP FINE TANTAMOUNT TO BLACKMAIL
. SUFFICIENTLY BIG TO FINE
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