Ozzie vigilantes turned tail fast when Reserve Bank announced new bond purchases.
Were bond vigilantes ever all that they were cracked up to be?
Chartbook Newsletter #14 explores legendary bond market massacre of 1994 a founding moment of the b.v. myth.
adamtooze.substack.com/p/chartbook-ne… https://t.co/8IbWBXYAWh
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…