Albert Edwards Sees Central Banks Losing Independence After Next Crash

Albert Edwards must not have taken a summer respite yet, as in a July 22 research note he is up to his crankiest and cantankerous self as he leads his audience of well-heeled institutional investors to grab their pitchforks and protest society’s injustice administered by the world’s central banks.  Central Banks independence will be lost when “the people” turn against historic income inequality that has been masked by QE gymnastics, Central Banks independence, QE will be blamed for income inequality, Edwards says Right now the global economy is the Titanic steaming along and partying like the concept of wretched excess…