Monday 9 December 2019

"There are no more markets really, or investors, because central banks have killed off the markets... You can see this every time a Fed chief opens their mouth and every single person involved in the fake markets hangs on their lips." #QotD


"I’ve said multiple times before that there are no more markets really, or investors, because central banks have killed off the markets. There are still 'contraptions' that look like them, like the real thing, but they’re fake. You can see this every time a Federal Reserve Bank* chief opens their mouth and every single person involved in the fake markets hangs on their lips." 
~ Raúl Ilargi Meijer, from his post 'The Fed Detests Free Markets (Part 2)'
* "And when I say the Federal Reserve Bank, that also means the European Central Bank and the  Bank of Japan, and all the western central banks. I won’t get into the PBOC here, but they’re not far behind..."
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1 comment:

Mark Hubbard said...

Which raises the question: how on earth do you save.