Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Are Central Bankers Coming to a Bitter End?

Are Central Bankers Coming to a Bitter End?

by Martin Armstrong

Central bankers these days are seriously trapped. They cannot now reverse their policies for that means they have to admit that they have failed. That is far more serious than you might imagine. To even entertain backing down from negative interest rates means they have to admit that Keynesian/Marxist economics has failed and therein socialism, which is based upon the very principle that government CAN and is CAPABLE of managing the economy. 

This is the real question presented in the American presidential elections, yet nobody will articulate it in this manner. Hillary still preaches the same failed socialist agenda as if government can even do anything other than attack people who earn more money as did Emperor Maximinus of Rome.

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