2min chapter

Behind the Money cover image

Why central banks are baffling investors

Behind the Money

CHAPTER

What Are Your Sources Telling You Now?

There are precedents, but they're generally in different economic conditions. There's no precedent for all of the, all of the big central banks doing this at more or less the same time. Every single person said to me, y, i dun'tno, got absolutely no idea. We don't know if this is going to be a complete train wreck. And we don't know whether, if the markets do freak out, central banks will, you know, change their minds and give us some slack.

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