G1 Global Conference @GLOBIS Tokyo, Oct. 11, 2020. https://g1summit.com/g1global/
Global monetary policy has evolved most radically. Traditionally, central banks were the proud guardians of sound money, famous for taking the punch bowl away before the party got out of control. Now, Central banks everywhere are focused on pumping-up liquidity; with every crisis triggering new creative ways to buy public and private assets in the pursuit of stopping deflation; and the very attempt at ‘normalizati…
Global monetary policy has evolved most radically. Traditionally, central banks were the proud guardians of sound money, famous for taking the punch bowl away before the party got out of control. Now, Central banks everywhere are focused on pumping-up liquidity; with every crisis triggering new creative ways to buy public and private assets in the pursuit of stopping deflation; and the very attempt at ‘normalizati…