Central Banks Are In A Lose-Lose Situation: Low-Rate-Policy “Has Rendered The System Profoundly Fragile”
by Tyler Durden
ZeroHedge.com
Jul 31, 2016
“…abandoning the low interest rate policy would likely trigger a severe recession… but, continuing this policy would distort and corrode the economic structure even more, which would jeopardize the business model of pension funds, insurers and banks, and further inflate the real estate and stock market bubbles. The low interest rate policy has rendered the system profoundly fragile, with central banks virtually in a lose-lose situation.”
The Rest…HERE
