Jump to content
House Price Crash Forum

Banker says policy of handing money to banker chums is a success


Recommended Posts

0
HOLA441
1
HOLA442
2
HOLA443
3
HOLA444
4
HOLA445
5
HOLA446
6
HOLA447
7
HOLA448
8
HOLA449
9
HOLA4410

.

Quote

 

http://www.reuters.com/article/us-ecb-policy-draghi-idUSKCN1B30NV

LINDAU, Germany (Reuters) - Unconventional monetary policy is a success, but gaps in understanding the relatively new tools remain, European Central Bank President Mario Draghi said on Wednesday, cautioning against hasty policy responses to the new reality.

 

No it's not.  Even the BIS that he is a director of has admitted as much (that it's failed) in its published papers.

It admits that "unconventional monetary policy" is a failure except to line people like Draghi's pockets.

Quote

 

The BIS Board of Directors1

Chairman: Jens Weidmann, Frankfurt am Main

Mark Carney, London
Agustín Carstens, Mexico City
Andreas Dombret, Frankfurt am Main
Mario Draghi, Frankfurt am Main
William C Dudley, New York
Ilan Goldfajn, Brasília
Stefan Ingves, Stockholm
Thomas Jordan, Zurich
Klaas Knot, Amsterdam
Haruhiko Kuroda, Tokyo
Anne Le Lorier, Paris
Fabio Panetta, Rome
Urjit R Patel, Mumbai
Stephen S Poloz, Ottawa
Jan Smets, Brussels
François Villeroy de Galhau, Paris
Ignazio Visco, Rome
Pierre Wunsch, Brussels
Janet L Yellen, Washington
Zhou Xiaochuan, Beijing

 

 

Edited by billybong
Link to comment
Share on other sites

10
HOLA4411
11
HOLA4412

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information