Monetary Policy Is Done. Don't Fight The Fiscal.

Over the past year you have probably heard me rail about the folly of monetary madness too many times. Negative rates are an abomination that demonstrate the sheer idiocy of current policy. History will not be kind to countries who have adopted NIRP. But the last thing you need is another post of me shouting at the top of my lungs about the reckless reliance on extreme monetary policy in Europe.