Markets rebound on less Coronavirus concern, but, as NAB’s Rodrigo Catril says, we’ve been here before. Plus, the RBA’s (overly) optimistic growth forecasts.
The floating of currencies has created a massive forex industry. @ProfSteveKeen says it has made life harder for speculators, which is a good thing, but the world missed a trick when it ignored Keyne’s idea of the Bancor. https://t.co/NJDPcI33JI