Must we respect central bank’s independency even if they go crazy and statist?
What is this with QEs injecting huge amounts of money buying government debt because that is supposedly safer? Who on earth can believe government bureaucrats know better what to do with other peoples’ money than citizens with their own?
What is this with negative interest? Just months ago the elderly were to retire later, in order for their sacked by the government pension or social security funds to be able to pay them something… and now they are to retire as fast as possible to get at least something?
What on earth is this with the risk weights that determine the capital requirements for banks? 100 percent for the citizens, and zero percent for the government? They’ve got to be kidding.
What on earth is this with the risk weights that determine the capital requirements for banks? Higher when financing the riskier future than when refinancing the safer past? Just wait till our kids find out!
Are we sure we have not packed our central banks with Chauncey Gardiners?
PS. Since I now do not even trust the pilots, I don’t want Helicopter money any more, just a Universal Basic Income.
PS. 2006 Long-term benefits of a hard landing
PS. 2006 Long-term benefits of a hard landing