2.01.2016

QE is like herpes

Financial Times:
It is almost like having an illness that is not life threatening but can never be cured. It will not kill us, but we will have to live with it until we die.



1 comment:

K T Cat said...

Looks like the sugar rush from Japan's negative interest rates is gone. Time for more QE!

Milestones

I talk a lot about inflation. But today was the first time in my life I actually used a dollar bill as toilet paper.