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Ronan Manly: Coordinated jawboning from central banks, but 'you can't taper a Ponzi'

Section: Daily Dispatches

By Ronan Manly
Bullion Star, Singapore
Monday, December 13, 2021

For the world's financial markets, which have become literally dependent on the pronouncements of central banks, this week is lining up to be one of the most important in a while.

Because this week no fewer than four of the most powerful central banks are meeting to discuss quantitative easing (QE) and interest rate decisions, after which they will "inform" financial markets as to what extent the markets will be kept on life-support stimulus. 

... Dispatch continues below ...


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Tuesday, October 26, 2021

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QE here literally refers to central banks buying government bonds (debt) and other forms of debt and equity securities. ... 

... For the remainder of the analysis:

https://www.bullionstar.com/blogs/ronan-manly/coordinated-jawboning-from-central-banks-but-you-cant-taper-a-ponzi/

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