The evidence is mounting...
I have become passionate about my arguments that monetary policy has become completely ineffective. Yet, central bankers and many investors still act as if monetary policy could save the economy in case it falls off a cliff. The experience of the 2020 crisis should demonstrate that this is not the case anymore. Rate cuts and QE did little to help the ec…
Keep reading with a 7-day free trial
Subscribe to Klement on Investing to keep reading this post and get 7 days of free access to the full post archives.