The post-market economy - Central Banks collaborating to inflate financial marketssteemCreated with Sketch.

in debt •  7 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.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

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.