The Big Easing
Click for interactive graphic:
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Source: WSJ
Category: Bailouts, Credit, Federal Reserve
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
From the WSJ page:
The Big Easing
Central banks around the world are taking steps to ease monetary policy to bolster their economies and push down their currencies.
It should read: “central banks of the world … push down their currencies and bolster their economies.”
The ones looking to lower their currencies are the usual suspects.
Great post Barry…. One picture is worth about, more or less, give or take… 70 trillion dollars… The failure of conventional wisdom is that it is not willing to yield to the fact that, there is only one exit, one way out.. And that is, coordinated, gradual and incremental monetization, that is implemented at a rate that exceeds the rate of accrual. It’s the “only” way “out”…. Nationalists do not want to hear this…. Anything else would be chaos…
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