Did Expectations of Debt Monetization Cause German Bund Auction to Fail?
Posted on November 24, 2011 at 06:10 AM EST
In our post, The Biggest Bubble in History, we tried to convey that a monetization of Europe’s sovereign debt is not equivalent to the quantitative easing that has taken place in the U.S. , Japan, and the U.K. We had a lot of pushback on the piece so we’ll try and be more clear and [...]