Markets Will Eventually Normalize – “Over The Fed’s Dead Body”
by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com’s Pater Tenebrarum),
ZeroHedge.com
03/21/2016
See how it works? Central banks destroy the real economy with cheap money and extractive policies. Then, as the economy slumps, they need to bring their policies in line with the slumping economy. They need to swear off raising rates back to normal. And since their policies can never produce real prosperity, they can never produce an economy that can support normal interest rates. Normal? Forget it. Eventually, normal will make a comeback. But not because the Fed wants it. Instead, the markets will normalize – brutally – over the Fed’s dead body… which is just the way we’d like it.
The Rest…HERE