The Central Banking “Stimulus” Paradigm Is Flat-Out Busted

Fortunately, even in their current distorted form, we still have markets that allow some independent judgement on what is and isn’t revealed truth. And the truth negative yields reveal is an economic and central banking paradigm that no longer works, and which must change somehow. ‘Dudley-do-right’ may just have accelerated that process.

 

 

 

 

 

 

 

https://www.zerohedge.com/news/2019-08-28/member-elite-bill-dudley-could-open-can-worms-quite-staggering