2min chapter

Forward Guidance cover image

Zoltan Pozsar Calls For Bretton Woods III | Joseph Wang

Forward Guidance

CHAPTER

The Role of Central Banks in the Commodity Crisis

I think he's really bad in envisioning world where the commodity producers are in big big big trouble They could be I mean, let's say look at the producer prices. And listen if I was a bank, I would happily make these loans You really don't need a central bank to do this banking sector has a lot of space to make loans Making this is it's kind of a sure thing because it's secured by commodities.

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