We used to have price discovery markets in our financial system, this included a healthy functioning bond market which reflected the economic fundamentals such as inflation in the overall economy. This has been replaced with government and central bank engineered bond yields, at what point does inflation in the economy overrule the Federal Reserve for bond investors? I am guessing this grand monetary experiment is about to be put to the test that many market skeptics anticipated coming to fruition as extreme monetary policies regularly come with heavy unintended consequences for societies. Is it possible that we are finally entering the period of hyperinflation that fed critics have warned Central Banks and Governments about for years?
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Courtesy of John Mark Gray, John has an MA in Philosophy and an MBA in Business. He has worked in academia, Fortune 500 companies, consulting, and financial markets. He has written many articles and white papers on financial markets and economics. He has a background in Logic & Game Theory and enjoys playing Chess and Poker in his spare time.
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