FYI: In 1996, I took a "Money and Banking" seminar from a British professor who had previously worked at the Bank of England. He left me with two abiding lessons. One was that the leading central banks are powerful, but the marketplace, when unified, is stronger yet. (He had been on the receiving end in 1992, when the market's short sellers forced the British government to devalue the pound.) The other related moral was that hyperinflation is just around the corner.
Regards,
Ted
https://www.morningstar.com/articles/932511/fixedincome-investing-when-inflation-is-dormant.html
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