Like Walter White, the Euro$ isn't some mild-mannered, middle-aged nothing wasting away with terminal cancer, it is Heisenberg creating mayhem, causing destruction, and leaving behind heartache.
You know, the stuff that leads to more (global) QEs.
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Jeff - this was one of your better pieces. I loved the analogy. Thank you for everything you do. I’m a loyal member
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When I say "I am the one who knocks", people tell me to use higher octane gas.
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QE is needed when economy involves more participants. How it is implemented/distributed makes all the difference.
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Great analogy. Would like one or your Euro Dollar Univ. videos to better explain the reasons why there is a shortage of Euro Dollars. What/who causes the shortage?
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