Acting Man reviews moves by the Japanese Central Bank targeting 10 year bonds to 0% giving governments free long term money to enact plans. Do the Central Banks have such control or can the bond vigilantes influence?
Sunday, 25 September 2016
More State and Fiscal Policy action using free money - Turning points for Bonds?
Ambrose Evans Pritchard highlighting enormous global debt levels, issues with free market capitalism and encouragement by global institutions to government spending and investment, fiscal policy to take the baton from monetary policy, or be supported by monetary policy.
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