Quantitative easing is back

MisesInstitute/Daniel Lacalle/10-9-2019

Image of sign warning 'Attention Tsunami Hazard Zone'“To me, these apparent contradictions in communication mean that the Federal Reserve is looking to prevent a financial asset meltdown while at the same time trying to avoid a higher concentration of risk. It may be, again, trying to manage the waves in the tsunami.”

USAGOLD note:  It is impossible to manage a tsunami. When the warning goes up, the residents head for higher ground.

Repost from 10-11-2019

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