"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Is the Central Bank Era Is Ending?
Submitted by KenK on Fri, 2017-07-07 00:00
"Still, some who may skip thanking the central bankers are hundreds of millions of elderly Americans and people worldwide also wouldn't be forced to work one or more jobs well into their retirement years because monetary policies lowered the return on their savings to zero (or negative in Europe), as these same "underappreciated" central bankers created three consecutive bubbles"
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