The End of the Charade: The Bank of Japan

I think one of the many unintended consequences of our, and I'm going to use the word reckless fed, is that we opened the door for other central banks to act in kind. So along the way, on this road to devaluing your currency and all these different things, when everybody's doing the same thing, what happens? What's the end game there? There's going to come a point in time where it all stops and somebody has to pay the piper. But my point all along has been, in the race to zero, there are no winners.

Play episode from 05:37

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app