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Reading Jeff Snider: Liquidity Risk Concerns Given Credit Risk 'Solutions' [Ep. 110]
Jeff Snider reviews the recent Bank of Japan experience with quantitative and qualitative easing. The central bank starts off on the wrong foot, focusing on credit quality issues instead of market participants' liquidity preferences and it goes sideways from there. A reading, by Emil Kalinowski.
----------WHO----------
Jeff Snider of Alhambra Investments. Read by Emil Kalinowski. Art by David Parkins. Intro/outro is "36mm" by Jobii at Epidemic Sound.
----------WHAT----------
Central Bankers Refuse to Learn QE's Obvious Lessons: https://bit.ly/3F0faOi
----------WHERE----------
Jeff's Alhambra…
The skinny
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