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Eric Peters: "Today's Central Bank Vol Suppression Will End In Spectacular Fashion" - Zerohedge



The ERM encouraged speculators to build massive leveraged carry positions, discouraged corporations from hedging exchange rate risk, suppressing volatility and interest rate spreads everywhere. The process was reflexive.

Today’s central bank volatility suppression regime resembles it, and will end in spectacular fashion. All such things do.

Source: Eric Peters: "Today's Central Bank Vol Suppression Will End In Spectacular Fashion"

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