Relevant:
- Interest rates could stay low permanently, says Bank of England deputy governor
- Fed's Vice Chairman Admits Fed Has No Exit Strategy
- William White: "Central banks cannot reverse" Massive QE; "Hyperinflation" Seems Unavoidable
- Negative interest rates set stage for next crisis, Stephen Roach say
- Fed Hinting on Mortgage-Bond Sales Brings Bernanke Tightening
2015-11-21 — reuters.com
``The U.S. Federal Reserve and other global central banks may need to consider new tools in a world of permanently lower interest rates, including keeping big balance sheets or using negative interest rates to combat shocks, a top Fed official said on Saturday.'' -- So much for Bernanke's 2009 "we have an exit strategy" claim...
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