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sneezy67
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Central Bankers Would Rather Blow Up the Entire System Than Admit Failure - Graham Summer - Gains Pains & Capital

Sir: you damn sure got that right....arrogance galore

Commented 3462 days ago

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Beginning of the headline :The Keynesian economists managing or advising the world’s Central Banks have always averred that they could pull us out of the weakest recovery in the post-WWII era if they were allowed to have their way. Their “way” involves rampant debt monetization, also called Quantitative Easing or QE. Indeed, the primary argument from the Keynesians as to why QE has thus far failed to generate a rip-roaring recovery is that none of the QE programs in place were large enough. Japan is where the Keynesian... Read More

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