Hi Bert, indeed. So odd that it makes you wonder about the motivation. Was it panic? Was it a 'toys out the pram' moment following the Trump victory? Was it not-so-subtle hint that financial repression is coming to finance all the required defence spending? Maybe other things.
based on everything we have seen since the GFC, essentially every central bank is seeking ways to intervene more aggressively, they are simply more honest than most
Why not the bubonic plague or an asteroid collision? The possibilities, like fiction, are endless.
Hi Bert, indeed. So odd that it makes you wonder about the motivation. Was it panic? Was it a 'toys out the pram' moment following the Trump victory? Was it not-so-subtle hint that financial repression is coming to finance all the required defence spending? Maybe other things.
based on everything we have seen since the GFC, essentially every central bank is seeking ways to intervene more aggressively, they are simply more honest than most
Not sure what they were thinking, but surely your suggestion is an obvious conclusion.