QE Breeds Instability
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Home › Forums › The Automatic Earth Forum › QE Breeds Instability
Dorothea Lange Farm boy at main drugstore, Medford, Oregon 1939 Central bankers have promised ad nauseum to keep rates low for long periods of time. A
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“The entire thing is a charade based on perception and propaganda.”
By Jove, I believe you have just described the meaning of life itself.
And now, for the secrets of the Centrally Planned universe of .gov economics. Say, Gresham and Minsky aside.
“We can guarantee benefits of what ever size and as far out as you like, but we cannot guarantee purchasing power” The Maestro
The above considered, play your best game.
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