Central banks irrelevant? Doug Casey says yes but his chief economist disagrees
gata.org / CHRIS POWELL / January 28, 2015
At the New Orleans Investment Conference in October, Casey Research founder Doug Casey declared that central bank interventions in markets are irrelevant, as are central banks themselves. But in an interview with Dennis Miller, editor of the Casey Research newsletter Miller’s Money Forever, the firm’s chief economist, Bud Conrad, describes some of those interventions and concludes: “There are no markets, only interventions.”
What a concise way of putting it. And how good that Casey Research allows analysis as well as mere pontificating.
Miller’s interview with Conrad is headlined “The Age of Intervention Continues” and it’s posted at the Miller letter’s Internet site here:
http://www.millersmoney.com/editorial/the-age-of-intervention-continues
The post Central banks irrelevant? Doug Casey says yes but his chief economist disagrees appeared first on Silver For The People.
