The Great Reset

What Do We Do with All That Debt?

But that still doesn’t answer the question that is on our minds: What happens when we come to the place where we have to deal with all that debt? Fortunately, my favorite central banker, Canadian Bill White who was the BIS chief economist, did a brilliant interview with my friend Mark Dittli in Switzerland this week which gives us some answers.

… my point is: Central banks create the instabilities, then they have to save the system during the crisis, and by that they create even more instabilities. They keep shooting themselves in the foot.

https://www.mauldineconomics.com/frontlinethoughts/the-great-reset-vs.-the-great-reset

Bill White world’s central banks were making a mistake with their single-minded focus on monetary policy, Mauldin


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