When will Central Bankers realize that monetary policy is ineffective as a tool to promote growth? When will they realize that "negative interest rates" are an act of desperation?
When will these criminally ignorant shysters realize that Central Bank and Government meddling cannot lesson the pain of an economic downturn; it can only turn a painful but relatively brief recession into an agonizingly long depression?
The entire world is awash in central bank issued IOU's, papered over with more central bank issued IOU's....So when will Central Bankers realize they were wrong??? When it is too late.....
When will these criminally ignorant shysters realize that Central Bank and Government meddling cannot lesson the pain of an economic downturn; it can only turn a painful but relatively brief recession into an agonizingly long depression?
The entire world is awash in central bank issued IOU's, papered over with more central bank issued IOU's....So when will Central Bankers realize they were wrong??? When it is too late.....