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Goodbye Fincial Repression; Hello Financial Crash

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This week's Economist had a reference to this paper:


Ive been thinking about the end of QE and al that.

The Taylor rule for the US is point to IR of ~3%-4%. There's a feeling that the FED may have let itself get too far behind on normalisation.

The EU + UK are fcked. Destroying real wealth to satisfy a piss poor abstract Economic model.

What is the cost of the UK's economic policy - 10 years on everyone's retirement age!

The paper linked to earlier is about Latin American economies, where the finance has been subjected to state control. Seems like a good idea, just remove those odd wrinkles and busts, flatten them out etc etc etc. And soon the state start directing finance to their mates/cronies.

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