And scene… in what is an oddly honest moment for a central banker, Mario Draghi just admitted there-ain’t-no-stopping-us-now:
- *DRAGHI SAYS ECB WOULDN’T RAISE RATES IF BUBBLES EMERGE
So BTFD, BTFATH, and BTFWWIII as no matter what, the central bankers do not care about financial stability (or fragility). The so-called macro-prudential policy plan will save the day…which like OMT remains shrouded in a “don’t ask, don’t tell” Oz-ian mist.
via Zero Hedge http://ift.tt/1n2RWwa Tyler Durden