Why are we listening to people who don’t know what they’re doing? Part 4

This is the thread that keeps on giving. We have been listening to central bankers so hard for so long, that we entirely fail to listen to those who actually could affect the future path of outcomes for asset prices. To be fair, central bankers were the only ones who could get us out of the sorry GFC mess, with their immediate ability to change the price of money. Contempt for politicians has . . .

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