Negative-Interest-Rate absurdity is another “rabbit out of the hat.”
But Draghi Still Doesn’t Get it.
The Negative Wealth Effect.
The Bank of Japan’s desperate head fake.
Is it saying, any more QE, and it’ll kill us all?
Central banks have lost their aura of omnipotence.
Something big has changed.
The government’s strange and awesome powers.
Fed Has No “Satisfactory Answer” Why Still “Stuck in Emergency Mode”
Are central banks losing control?