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Three Crazy Things We Now Accept as “Normal” – Charles Hugh Smith (02/13/2018)

Feb 13th, 2018 | By brinvest | Category: WallStreetWindow

How can central banks “retrain” participants while maintaining their extreme policies of stimulus? Human habituate very easily to new circumstances, even extreme ones. What we accept as “normal” now may have been considered bizarre, extreme or unstable a few short years ago. Three economic examples come to mind: 1. Near-zero interest rates. If someone had announced to…

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