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A comment on A Black Hole Engulfing the World's Bond Markets. Parent comment

Re:A Black Hole Engulfing the World's Bond Markets by AJ007 on Sunday July 28, 2019 @04:44PM (#20549755)
“Rich folks” include pension funds, insurance companies, and sovereign wealth funds.

The whole thing seems to me like central bankers confusing cause and effect and trying to squeeze a complex system in to linear regressions. Lots and lots of unpredicted consequences to artificially low interest rates, including effects that do the precise opposite of what was predicted.

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Re:A Black Hole Engulfing the World's Bond Markets by pas on Monday July 29, 2019 @07:13PM (#20560472)
Not necessarily. With these things there is usually a big belief aggregation going on (some central bankers think this, some that), and we end up with a silly compromise. See Japan, see all the idiotic austerity programs.

So it is very possible that the central bank is not doing enough.

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