Prayer To Central Bankers: No More Innovation, Please!

And that’s the whole point for pretty much everything since August 2007. We live in the age of almost constant central bank experimentation. Not just in Japan, either, as even now the Federal Reserve finds itself once more on the confusing end of reality only this time supposedly in its exit.

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.