Bob Elliott
· Nonconsensus
· June 03, 2026 at 09:48
| Read on Substack ↗
Summary
The article's opening criticizes central bankers' post-GFC 'normalization' rhetoric as a derangement syndrome, specifically targeting BOJ Governor Ueda. The full text is truncated, so the complete argument and market implications are unavailable.
•The article references the post-GFC era where central bankers frequently claimed they would normalize interest rates, but this was never achieved.