08/08/2019 - Yra Harris: The Great Concern is that Central Banks are Losing Control and Credibility

“The great concern is that central banks are losing control and therefore their credibility. In a FIAT CURRENCY-based world this is the ultimate calamity. The precipitous drop in yields, especially in Europe, is a recognition that the ECB has corrupted the financial system and there is no way out. European banks are struggling to profit in a negative interest rate environment with no ostensible EXIT strategy.”

Link to the Article

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