Economic cycles are driven by financial flows, namely quantities of savings and credits, and not by high street inflation or interest rates.
The huge jump in the volume of international financial markets since.
Global Liquidity describes the gross flows of credit and international Capital feeding through the world\'s banking systems and wholesale money markets.
Their sweeping destructive powers are expressed through Global Liquidity, a $130 trillion pool of footloose cash.
Economic cycles are driven by financial flows, namely quantities of savings and credits, and not by high street inflation or interest rates