The more world embraces QE the heavier the suppression of real yields, the greater the feedback loop that QE is failing. Discuss amongst yourselves. More to come.
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The more world embraces QE the heavier the suppression of real yields, the greater the feedback loop that QE is failing. Discuss amongst yourselves. More to come.
I am of a mind that as more and more evidence comes in that QE is failing the greater the feedback loop to the various CBs that ‘we must do more’ .. that is the pernicious spiral I see