I keep hearing about this Amazon thing. Maybe some day I will try it.

Our economy is still out of whack and full of bullshit!

A quick, if familiar, observation to start the day courtesy of Bank of America which in the latest overnight note from Michael Hartnett notes that central banks (ECB & BoJ) have bought $1 trillion of financial assets just in the first four months of 2017, which amounts to $3.6 trillion annualized, "the largest CB buying on record."

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It seems that we have "central planning" after all. However, we do it differently comparing to the Chinese. Can someone point out the difference?
Permalink WorldRover 
April 21st, 2017 12:38pm
Chinese get more benefit out of it.
Permalink Yoda 
April 21st, 2017 2:52pm
We don't have central planning.  That's why these banks can just go out and do shit independently.
Permalink SaveTheHubble 
April 21st, 2017 3:14pm
No, WorldRover, *YOU'RE* the one who's still whack and full of bullshit.
Permalink The Economy 
April 22nd, 2017 10:53pm
Whack him!
Permalink Yoda 
April 23rd, 2017 6:13am
In the sexual context, I've only come across whacked in terms of self applied.
Permalink Double Rainbow 
April 23rd, 2017 10:05am

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