June 26, 2013 at 09:37 AM EDT
Central Banks: Powerful or Powerless?
In my previous blog post I criticized the latest annual BIS report on several grounds. One of them was their analysis of monetary policy. Let me extend some of the arguments I made yesterday because I see the same inconsistencies (and errors) being brought up by others. I find it surprising that those who argued [...] View the full post at: Central Banks: Powerful or Powerless? Related posts: Central Banks Around the World Cut Interest Rates Central Banks Trying to Gain Traction Battling Bubbles and Crashes
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