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Daniel Lacalle: Why Central Banks are Trapped

misesmedia  ( Original )
JUL 9, 2018

Daniel Lacalle joins Jeff Deist to discuss how and why central banks are trapped, stuck with ultra-low interest rates and expansionary policies that produce astonishingly little real growth.

An entire generation of bankers knows nothing other than Fed-rigged markets, where good news is good news and bad news is better news because it spells Fed market support.