Eugene Fama – Inflation is Totally Out of the Control of Central Banks

Eugene Fama – Inflation is Totally Out of the Control of Central Banks

Few economists have had a greater influence on the financial markets than Eugene Fama. According to his Efficient Market Theory, competition among investors is so intense that all information and expectations are immediately and correctly priced in. Therefore, it’s impossible to beat the market in the long-term. Never shy of making pointed statements, the Professor …

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