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Currency Wars: Don't Fight the Central Banks

Currency Wars: Don't Fight the Central Banks

5 Years ago | November 04, 2014 00:00:00

This is my third article on this topic and I am posting it to emphasize the importance of not fighting central banks in the current environment. Any way you look at it we are in extraordinary times that would have classic economists rolling in their graves at the sight of central banks ramping up the printing press. I was an economics major in college and I would have been tossed out of class if I suggested printing money would become mainstream monetary policy. The latest central bank to jump in with both feet is the Bank of Japan, which sent a clear signal to sell the JPY.

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