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News Link • Economy - International

Things Will Never Be The Same Again": Here Are 20 Questions As Central Banks Admit Defeat

• arclein

Unlike prior years, there was a distinct sense of dread and powerless foreboding in this year's Jackson Hole meeting, starting with Jerome Powell's "boring" speech in which he blamed Trump's trade war for the Fed's inability to stimulate the economy, and culminating with Mark Carney unprecedented capitulation, effectively admitting that the fiat system has failed and the dollar can no longer be the world's reserve currency (instead punting that obligation to 'global central banker' Mark Zuckerberg and his Libracoin).

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