Grab A Pitchfork: Albert Edwards Predicts Imminent Popular Revolt Against Central Banks

Grab A Pitchfork: Albert Edwards Predicts Imminent Popular Revolt Against Central Banks

Well, it's Thursday, and SocGen's Albert Edwards thinks that's about as good a reason as any for the oppressed masses to stage a popular revolt. One thing we and plenty of others have noted is that when central banks refuse to acknowledge that their inflation targets are antiquated or otherwise useless, the only thing that persisting in accommodation is going to achieve is inflating asset bubbles. Put differently, if inflation targets are for whatever reason (maybe disinflation has become stru
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