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Post about What is bill gates net worth

The last time Bill Gates was on top was in January 2010, when he was crowned the worlds richest man. He was not the first to gain that title, as Bill Gates predecessor, Larry Ellison, had held it briefly during the dot-com bubble as well. Still, the title held by Bill Gates since then was impressive to behold. It is true that the wealth of the other six people on the planet surpassed Bill Gatess during that time, but that fact also happened in 2010, when the bubble burst and the other billionaires took a loss. He is waiting to see what happens during a recession. It is quite possible that the world is about to enter another crisis. The Federal Reserve announced in September that it would begin tapering its massive monetary stimulus of money creation and interest rates. The Feds QE2 scheme may be coming to an end. It already announced that all of its bond-buying would end in December of this year, and many analysts believe that the Fed will begin the process of shrinking its balance sheet at that time. Given the Feds policy of low interest rates, the size of the Feds balance sheet has grown very quickly during the latest economic crisis. The amount of money in the system has increased significantly due to the Feds efforts. The Fed is supposed to be using a relatively small balance sheet, but the size of the Feds balance sheet has grown and grown in the face of an economic crisis. In a crisis, the Federal Reserve is supposed to be shrinking its balance sheet. There is much talk in the financial press on whether the U. Or whether the Federal Reserve will cut back its monetary stimulus, and leave interest rates where they are. The Federal Reserve has been printing money to keep up with economic growth and to keep the inflation rate down. 4 trillion, and the Federal Reserve is planning to keep printing money until it is absolutely sure that the economy is recovering. If the Federal Reserve is wrong, the Fed can easily cut back its monetary stimulus. Or, on the other hand, if the Fed is right, the Federal Reserve could continue printing money to keep up with the economy and keep inflation from getting out of hand. The Federal Reserve is printing more than it did during the period of economic growth and prosperity from 2001 to 2007, and the amount of money in the system has grown even more. The Federal Reserve is the central bank of the USA, but it is not the only one that can produce money.

Post about What is bill gates net worth