Swiss Economicblogs.org
Consequences of Central Bank Policies The existing capital stock continues to be frittered away at the expense of savers and retirees. Nonetheless, central bankers don’t give a doggone about it. This, after all, is one consequence of roughly eight years of near zero interest rate policy. Central planning superheros, leaving a wasteland behind… Image credit: Steve Epting 30 year bond yield Another related...
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