Tim Price on central banking

Criticising our central banks only gets you so far, in the same way that repeatedly banging your head against the wall only gets you so far.  The mainstream financial media and our politicians aren’t listening. In many cases – the FT and The Economist one step forward, please – they have cheered on the central banks to the very echo.  [Bloomberg columnist] Merryn Somerset Webb recently observed that at an FT event at which she spoke, she was followed by the paper’s chief economics correspondent, Martin Wolf, who recommended banning cash altogether.  We are surrounded by madmen.

~ Tim Price, "Flying Blind," Price Value Partners, December 4, 2023