We Got Two Central Bank Movements Today

China and the euro zone both announced things that should increase inflation and help out economies supposedly. The euro zone will work hard to raise inflation and china cut interest rates. Both of these policy changes were cheered by media and the actual traders today. Sending stocks around the world higher. Who doesn't like free money. Well in the long term we won't like it and we need to get people away from depending on inflation and easy money. It will be unsustainable in the long run and will hurt our economy. The euro went down today on the news which will probably bring in more tourists but savers in the country will be hurt. There are always unseen consequences good and bad. The bad will show one day. But today and probably for the next few years the good consequences will show.