Central Bank Governor Veers Off Script, Sees “Illusion of Liquidity” & “Asset Bubbles,” Dreads Crash

Agustín Carstens, governor of the Bank of Mexico and chairman of the IMF’s International Monetary and Financial Committee, is an absolute insider at the top echelons of international finance and central banking. He’s not an opponent of QE and interest rate repression practiced so passionately in the US, the Eurozone, the UK, Japan, and other developed economies. Or at least, he has carefully toed the line. But he unleashed some stark warnings about how all this might turn out.

Read… Central Bank Governor Veers Off Script, Sees “Illusion of Liquidity” & “Asset Bubbles,” Dreads Crash