Central Banks that make the same mistake are ‘rewarded’ with similar outcomes

Not surprisingly, they ended up in the same “alley”, but the EZ side of the “alley” is a bit “darker” because of its more diffuse clientele.

You can read the whole article here.

About the Author

Marcus Nunes
João Marcus Marinho Nunes is a partner of Phynance Estratégias Quantitativas e Investimentos and a professor of Economics at Fundação Getúlio Vargas in São Paulo, Brazil. He also blogs here: http://thefaintofheart.wordpress.com/

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