The Five Stages Of Central Bankers’ Failure
by Charles Hugh-Smith of OfTwoMinds blog,
ZeroHedge.com
05/31/2016
Only when central bankers accept the complete and utter failure of their policies and accept the reality that their policies have increased wealth inequality and crippled the global economy with debt, speculation and manipulation, can we finally move forward. Until then, we’re stuck with the world central bankers have created: a world of rising wealth and income inequality, of permanent manipulation of markets as a means of managing perceptions and of speculative debt/leverage bubbles that will burst with a ferocity few expect or understand.
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