The Lunatics Are Running the Asylum: Draghi’s Money Printing Bazooka
by Tyler Durden
ZeroHedge.com
01/23/2015
There is no reason to assume that this time will be different. These boom-bust sequences will continue until the economy is structurally undermined to such an extent that monetary intervention cannot even create the illusory prosperity of a capital-consuming boom anymore. The bankers applauding Draghi’s actions today will come to rue them tomorrow.
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