M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Shows the amount of bonds held by those who have lent money and PAY for the privilege of providing others with financing!! While economic conditions have contributed to such an outcome—a phenomenon that was not foreseen in any economics textbook I know of until it persisted—central banks have been a major contributor. #bonds #markets #investing #centralbanks #monetarypolicy
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#centralbanks
#monetarypolicy