Friday, 13 November 2020

"It does distort markets but that’s how monetary policy works...”


“It does distort markets but that’s how monetary policy works...”
~ central banker Eric Rosengren admits the obvious: that central banks and their policies distort markets: the key reason we find ourselves in a historic asset bubble. Adrian Orr take note.

[Hat tip Joumanna Bercetche and Sven  Henrich]

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