The Secret Is Out: "The Fed Is Busted"
Fri, 06/26/2020 - 14:04
Authored by Sven Henrich via NorthmanTrader.com,
First they dismiss you as a conspiracy theorist then they join you. The secret is out, the Fed is busted: Central banks have distorted asset prices far above the economy.
I’ve been harping about the market cap to GDP ratio for a while and even called the Fed’s asset price distortion operation a direct threat to the economy.
Now it appears the...
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