Unprecedented Mainstream Media Criticism of Central Banking Bodes Ill for the Larger Economy

by Daily Bell Staff
The Daily Bell

DoubleLine’s Gundlach says ‘central banks are losing control’ … Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday investors are dropping risky assets and turning to safer securities including Treasuries and gold because they are losing faith in central banks. – Reuters

There is definitely considerable negativity about central banking in the mainstream media these days.

This is surprising, on the one hand, because central banking provides the foundation of the current economic system, worldwide.

On the other hand, such negativity may be signaling far worse.

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