midas Posted March 24, 2018 Share Posted March 24, 2018 Quote On Page 1, Chapter 1 of the Central Banker Crisis Handbook it states very clearly, “do not make it worse.” It’s something like the Hippocratic oath where monetary authorities must first assess what their actions might do to an already fragile system. It’s why they take great pains to try and maintain composure, appearing calm and orderly while conflagration rages all around. The last thing you want to do is confirm the run.In modern times, that’s been taken to extremes where officials just outright lie – nothing to see here. http://www.alhambrapartners.com/2018/03/22/just-a-few-more-pips/ Link to comment Share on other sites More sharing options...
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