A speculative hypothesis on QEII
I believe this is Bernanke’s way of telling his banker friends it’s time to unwind their carry trade positions and get back to the business of lending to the private sector.
Here is more, via Michael F. Martin.
I believe this is Bernanke’s way of telling his banker friends it’s time to unwind their carry trade positions and get back to the business of lending to the private sector.
Here is more, via Michael F. Martin.