The post-market economy - Central Banks collaborating to inflate financial markets

in #debt7 years ago

A great Interview with Nomi Prins describing how central banks have collaborated in recent years to keep interest rates low and inflate financial markets across the world through Open Market Operations - where central banks become more than just buyers-of-last-resort. They become the main actors in these markets.

The term 'The post-market economy' aptly describes this situation.

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Nice!

Cheers, yeah there aren't many folks who can describe what's happening at that level, particularly with such clarity.

I follow her from time to time when I see articles or interviews.