>The distortion itself is the message. It conveys the fact that technology now enables banks and governments to do what they do with unprecedented scale and spe

>The distortion itself is the message. It conveys the fact that technology now enables banks and governments to do what they do with unprecedented scale and speed. It tells us that interest rates cannot be trusted to guide investment decisions because they should not be trusted. By "not making sense," interest rates tell investors not to rely on them. The acceleration of interest rate manipulation/interference to the point of full breakdown as a meaningful indicator of market participant time preferences. It's a good thought but I'm left needing a "10 WAYS TO PROFIT FROM MARKET UNCERTAINTY" tweetstorm.