Quote of the day

The reality is that financial markets are rigged. Prices are manipulated. Nobody can tell to what extent asset prices, interest rates and risk premiums reflect true available savings and real risk appetite, and to what extent they simply reflect the skillful manipulations of central bankers and the wall of money sweeping through the system.

Detlev Schlicter, on the ECB’s latest round of money printing.

Posted from WordPress for Android

This entry was posted in Uncategorized and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s