Central banks in a race to zero, economist says from CNBC.
Monetary policy tools have been exhausted. Lower rates and more liquidity only weaken the economy and inflate larger bubbles.
All posts by Daniel Lacalle
What do falling yields mean, is deflation getting hold?
In this interview we discuss the risks of stagnation, what falling bond yields tell us about the state of the global economy and the main risks and opportunities in this environment.
“In The Arena”. Podcast: One-On-One with Daniel Lacalle
This new episode of In the Arena features a timely and insightful conversation with author, economist and fund manager Daniel Lacalle.
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A Currency War Will Only Weaken Growth And Strengthen Gold
A few months ago many of us read about the conspiracy theory of “the nuclear option”, according to which China could generate a huge debt crisis in the United States and destroy the US economy if it sold its treasury holdings.
I already commented on it in this website (read).
China is an can become a greater economic leader, but the Chinese yuan cannot be a global reserve currency while maintaining capital controls and exchange rate fixing.
Continue reading A Currency War Will Only Weaken Growth And Strengthen Gold