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On the Complexity of Central Bank Policies
October 31, 2014
Grant’s Interest Rate Observer – James Grant: The Hidden Cost of Central Bank Actions Central banks are printing rules almost as fast as they’re printing money. The consequences of these fast-multiplying directives — complicated, long-winded, and sometimes self-contradictory — is one topic at hand. Manipulated interest rates is a second. Distortion and mispricing of stocks,… Continue reading On the Complexity of Central Bank Policies