https://twitter.com/NorthmanTrader/status/1318537774551760900
The ECB unwillingly creates stagnation in its quest for inflation at any cost. Inflating the sovereign bond bubble is a massive transfer of wealth from savers to unproductive debt.
Meanwhile, real inflation for consumers, especially the poorest, is much higher than official CPI pic.twitter.com/EsJ9TFIyNT
— Daniel Lacalle (@dlacalle_IA) October 20, 2020
FED OWNERSHIP OF THE TREASURY MARKET👇👇 pic.twitter.com/B1rQfIjAZ1
— Win Smart, CFA (@WinfieldSmart) October 20, 2020
https://twitter.com/NorthmanTrader/status/1318535560315752449
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