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A Voice Of Liberty
@avoiceofliberty
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The ultimate apologist for central banks and central planning admits that central banks can't save the collapsing currencies of the world. The "experts" have run out of ideas everywhere. Is a crash now inevitable? https://www.zerohedge.com/news/2019-08-22/larry-summers-comes-clean-ahead-j-hole-admits-central-planners-are-impotent #news #economy #banking #finance

Larry Summers Comes Clean Ahead Of J-Hole, Admits Central Planners Are Impotent

...interest rate cuts, even if feasible, may be at best only weakly effective at stimulating aggregate demand and at worst counterproductive...

zerohedge.com

Aug 22 2019 · 3:40 PM

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