Like diamonds, bond purchases are forever..
Today’s QE relies on pushing down borrowing costs. It is “creditism”. That is a very blunt tool in a deleveraging bust when nobody wants to borrow. via Like diamonds, bond […]
Today’s QE relies on pushing down borrowing costs. It is “creditism”. That is a very blunt tool in a deleveraging bust when nobody wants to borrow. via Like diamonds, bond […]
Today’s QE relies on pushing down borrowing costs. It is “creditism”. That is a very blunt tool in a deleveraging bust when nobody wants to borrow. via Like diamonds, bond […]
Editor award, 217 comments and counting, this article made some waves..
Is there a connection?