The Great Monetary Policy Swan Dive

Great chart from the OECD illustrating the dramatic actions taken by the world’s major central banks during the financial crisis.   The massive collapse in short-term interest rates has reduced income of savers and the splash of the heavyweight central banks has displaced yield seeking liquidity causing it to flood into the emerging markets and commodities.  “John Bull can stand many things, but he can’t stand two zero percent!”

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This entry was posted in Bonds, BRICs, Charts, China, Monetary Policy, Policy and tagged , , , , . Bookmark the permalink.

One Response to The Great Monetary Policy Swan Dive

  1. Pingback: VIsualizing The Coordinated Global Monetary Response | Jackpot Investor

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