21, and as I happened to be rolling my sight and looking around my den to possess one thing to put, I was reminded of comments out-of next-Provided president Ben Bernanke years ago as he is expected if the the fresh Given is actually “monetizing financial obligation.” Brand new react try “No.”
Happier, smiling confronts off Wall surface Highway bettors and online investors try swallowing up almost everywhere given that Trump Presidency continues to bridegroom its legacy for the metal little finger off rate management and you can treatments
Yet , right here we’re, decades later on, in addition to brand new mantra is actually “Modern Economic Concept,” and that says central banking institutions and you will sovereign treasury departments is printing people sum of money they very attention more one longer chronilogical age of time and it won’t do not ascending inventory avenues and you may restricted inflation. Continue reading “I was poring over the Federal Set-aside minutes of Feb”