Satyajit Das Slams Policymaker Ignorance: “QE-Forever Cycle” Means Catastrophe Is Inevitable…”there is no means of avoiding the final collapse…”

Monday, August 1, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Aug 1, 2016

“Policymakers have chosen to ignore the central issue of debt as they try to resuscitate activity,” warns Satyajit Das in a shocking Op-Ed in today’s FT, and with global central banks now printing $180 billion a month (and growing), “the global economy may now be trapped in a QE-forever cycle,” confirming von Mises prescription that “there is no means of avoiding the final collapse…”

The Rest…HERE

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