How Today’s Central Bankers Threaten Civilization | Mises Wire

KW: Central Bankers have painted themselves into a corner from which there is no escape but to one day face the music of massive amounts of debt that has to be repaid or defaulted upon

 

When I was asked to write an article about the impact of negative interest rates and negative yielding bonds, I thought it was a chance to look at the topic from a broader perspective.

Source: How Today’s Central Bankers Threaten Civilization | Mises Wire