Just to put things into perspective: Dax has at ATH, but if you put index in relation to #ECB’s bala

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Just to put things into perspective: Dax has at ATH, but if you put index in relation to #ECB's balance sheet, it trading at the same level as in 2011 or in 2008/2009, so equities have traded sideways since 2008, counteracting ECB balance sheet expansion & fiat money debasement. h/t Holger Zschaepitz

Just to put things into perspective: Dax has at ATH, but if you put index in relation to #ECB's bala

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