Swan Song Of The Central Bankers, Part 4: The Folly Of 2.00% Inflation Targeting

The dirty secret of Keynesian central banking is that under current circumstances its interventions have almost no impact on its famous dual mandate—-stable prices and full employment on main street.

That’s because goods and services inflation is a melded consequence of global central banking. The capital, trade, financial and exchange rate movements which result from the tug-and-haul of worldwide central banking policies generate incessant shape-shifting impacts on the CPI; and the ebb and flow of these forces completely dwarfs FOMC actions in the New York money and bond markets.

SUBSCRIBE TO CONTINUE READING

$39
Monthly
$99
Quarterly
$365
Yearly



Already a subscriber?

Login below!