Perhaps "The Japanification of Monetary Policy" would have been a more appropriate title... "well it didn't work for them, so we should all try more of it" appears to be the repost of policy-makers worldwide which, inevitably, will lead to the total collapse of their credibility (and the every 'faith' of the world's investors shattered).
As the old adage goes "you get what you pay for" and when the world is offering 'money' for free, one can only surmise its worth is also close to zero...
Charts: Reuters. Read more at ZeroHedge
No comments:
Post a Comment