BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"
MishTalk
JULY 11, 2014
Monetary policy is testing its outer limits. The normalisation of the policy stance has hardly started. Historical evidence shows that this rarely happens following a balance sheet recession. Accommodative monetary policy has had an ambiguous impact on the adjustment to lower debt ratios.
Let's personalize your content