The Dam Is Finally Cracking: Creating “money” out of thin air and spreading it around to satisfy every constituency doesn’t increase productivity. It destroys productivity by incentivizing waste – the waste is growth Landfill Economy – and speculative bets on bubbles never popping.
The central bank problem will be impossible to solvehttps://t.co/3vbInmOcCl pic.twitter.com/0c4DW5nZVp — Patrick Artus (@PatrickArtus) April 21, 2022 https://twitter.com/FinanceLancelot/status/1517246146086854656 3% 5s pic.twitter.com/PYM5roCN45 — Ed Bradford (@Fullcarry) April 21, 2022 Exactly and bond term premia could have a lot further to …