Thanks Mr. Williams! Absolutely, its hard to parse out blame between policy makers, politicians and private fiduciaries, though there is plenty to go around. The ZIRP regime seemed like a good idea to some who thought that money could be debased infinitely without stoking inflation, but it introduced the problems that we now face today.
Absolutely, its hard to parse out blame between policy makers, politicians and private fiduciaries, though there is plenty to go around. The ZIRP regime seemed like a good idea to some who thought that money could be debased infinitely without stoking inflation, but it introduced the problems that we now face today.
Yes. My point was simply that your article, which is brilliant and hard-hitting, isn’t hard-hitting enough in a UK context. I’m a Brit, and I am stunned by the casual lack of understanding of the exposure we have.
Thanks Mr. Williams!
Absolutely, its hard to parse out blame between policy makers, politicians and private fiduciaries, though there is plenty to go around. The ZIRP regime seemed like a good idea to some who thought that money could be debased infinitely without stoking inflation, but it introduced the problems that we now face today.
Yes. My point was simply that your article, which is brilliant and hard-hitting, isn’t hard-hitting enough in a UK context. I’m a Brit, and I am stunned by the casual lack of understanding of the exposure we have.