“It May Take A Massive Program, Large Enough To Shock Taxpayers” – The Jackson Hole Post-Mortem

Sunday, August 28, 2016
By Paul Martin

by Tyler Durden
Aug 28, 2016

What happens next may put the past 7 years of simple “financial repression” and central bank failure to shame: in a lunch address by Princeton University economist Christopher Sims, “policymakers were told that it may take a massive program, large enough even to shock taxpayers into a different, inflationary view of the future.”

The Rest…HERE

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