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BIS Slams The Fed: The Solution To Bubbles Is Not More Bubbles, It Is Avoiding B


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2015 Mar 22, 6:53pm   4,233 views  1 comment

by mell   ➕follow (9)   💰tip   ignore  

http://www.zerohedge.com/news/2015-03-22/bis-slams-fed-solution-bubbles-not-more-bubbles-it-avoiding-bubbles-first-place

On one hand there are hard-core Keynesians who will wave the flag of inflation as the only cure to a world drowning in debt, even after the mushroom cloud results of their policies going off around the globe "assure" GDP hits +? once every window in the world is shattered and has to be replaced...

#bubbles

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1   indigenous   2015 Mar 22, 9:56pm  

It seems to me that the motivation of the Fed is of course hubris but also because fractional reserve banking has to have inflation to continue working.

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