Central Bankers Are Dangerously Incompetent or Worse

Draghi’s Deadly Derangement

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“It can now be well and truly said that the ECB and other central bankers are so far down the rabbit hole that they have completely lost contact with common sense. They are trifling with microscopic two decimal point variations in consumer inflation rates which are utterly irrelevant to the economic welfare of the 19-nations which comprise the eurozone.”

Read more at David Stockman’s Contra Corner

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