Game Theory and Crowded Trades
“Essentially free money is, basically, costless, or so the thinking goes. And if it all seems too good to be true, it’s because no one wants to delve into the true costs associated with monetary policy incentives having so maligned global financial markets.”
“’Crowded Trade Squared,’ a creature of prolonged policy interventions and incentive distortions, [...]
You must be logged in to view the rest of this article
Users are required to register with our site before viewing this article. Registration is FREE! If you are already registered you may sign in below.
If you are not signed up you may do so in the form on the left. A username and password will be emailed to you.