@adam_tooze @NewLeftReview More generally the idea that extending QE to corporate bonds is a massive transfer of po… https://t.co/TuF1I78wXV
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin Cartens @BIS_org op-ed in @FT