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Sorry, Central Banks: Risk and Volatility Cannot be Extinguished

Central bank market intervention doesn't extinguish risk--it simply transfers it to the system itself. The post Sorry, Central Banks: Risk and Volatility Cannot be Extinguished was originally published at The Wall Street Examiner. Follow the money!
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Sorry, Central Banks: Risk And Volatility Cannot Be Extinguished

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Submitted by Charles Hugh-Smith via OfTwoMinds blog, Central bank market intervention doesn't extinguish risk--it simply transfers it to the system itself. The unspoken claim of central bank policy is that risk can be extinguished b...

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