Remember the Central Banker who last year said "When things get serious, you have to lie" and translate that into Japanese.- Call it 'seven days in January.' The hard truth of the matter is that they ALL lie. They have to now.- QE did not work.- ZIRP did not work.- NIRP will not work. But that's not only the best they've got, it's all they have got.- Forcing people to pay for saving.
Friday 29 January 2016
When things get serious.....................from Rico
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1 comment:
OK. NIRP won't work, but how do we get from here to there? You must also propose the alternative. (I know what it is, and I know why they aren't doing it!!!).
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