4min chapter

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Zoltan Pozsar Calls For Bretton Woods III | Joseph Wang

Forward Guidance

CHAPTER

The Role of Central Banks in the Supply Chain

Zoltan says central banks are currently unable To meet the challenges of the supply chain. Powell: There's two different realms one of the nominal realm when which central bankers thrive because they can fix problems by moving, you know Trillion dollars from the right side of the ledger to the leftside of the ledger. And then there's the real world where real oil is being shipped on real ships and those ships are on in real water and there's Nothing that's a room Powell or any other central banker can do about that, right? Yeah, yeah, exactly.

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