Home market Fiat money post-1971 has facilitated an extraordinary global debt and money printing binge, DB says.

Fiat money post-1971 has facilitated an extraordinary global debt and money printing binge, DB says.

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Fiat money post-1971 has facilitated an extraordinary global debt and money printing binge, DB says.

Fiat money post-1971 has facilitated an extraordinary global debt and money printing binge, DB says. At the start of this period, debt was close to all-time lows across the major economies, so you had several cycles before the debt accumulation could become systemic. h/t Holger Zschaepitz

Fiat money post-1971 has facilitated an extraordinary global debt and money printing binge, DB says.

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