The Fed's Faustian Bargain: "We're Experiencing The End-Game Of The Great Debt Super-Cycle"
Mar 30th 2020 8:35am EDT
The Fed’s Faustian Bargain: “We’re Experiencing The End-Game Of The Great Debt Super-Cycle” Echoing many of Jim Grant’s recent fears, Guggenheim Investments’ CIO Scott Minerd fears the consequences of policymakers returning to the same tools employed in the financial crisis as a grand Faustian bargain. “In Goethe’s 1831 drama Faust, the devil persuades a bankrupt […]
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