Einsteinian Insanity: Media, “Experts” Say Central Banks Should Buy (More) Stocks
Einsteinian Insanity: Media, “Experts” Say Central Banks Should Buy (More) Stocks Earlier today, I touched on the fact that the BoJ and the ECB have largely failed to rekindle the inflationary impulse in their respective economies. And it’s not for lack of trying. Haruhiko Kuroda is monetizing the entirety of gross JGB issuance, imperiling liquidity…