Central bank monetary policy is by definition a manipulation of the financial system(s).
Are the meltdowns intentional? That's an extraordinary claim for which there is precious little actual evidence. Far more likely constantly causing market disequilibria invariably gives rise to positive feedback loops that central banks simply cannot control.
Essentially. One truth of economics since before Adam Smith and "Wealth of Nations" is that the visible hand of government meddling is always confounded by the invisible hand of natural consequences to actions.
It's not just that economies are self-correcting when left to themselves. It's that economies are self-correcting despite the efforts of governments and central banks to postpone those corrections.
"Is the global financial system about to break yet again?"
PNK, is it being manipulated to a purpose since it appears inevitable?
Central bank monetary policy is by definition a manipulation of the financial system(s).
Are the meltdowns intentional? That's an extraordinary claim for which there is precious little actual evidence. Far more likely constantly causing market disequilibria invariably gives rise to positive feedback loops that central banks simply cannot control.
Thanks for the reply.
Simple abuse then?
Essentially. One truth of economics since before Adam Smith and "Wealth of Nations" is that the visible hand of government meddling is always confounded by the invisible hand of natural consequences to actions.
It's not just that economies are self-correcting when left to themselves. It's that economies are self-correcting despite the efforts of governments and central banks to postpone those corrections.
BRAVO