Is Monetary Policy Too Complicated for Mainstream to Understand?
It is amazing how far Central Banks have been allowed to go with regard to policy tools and influence, and how extreme their policy measures have become since the financial crisis. No other form of governmental authority has been granted these types of unrestrained powers in any branch of government, not Congress, the Supreme Court, the President, or the Military for comparison`s sake in the United States.
These policy measures really are the perfect example of taking maybe what may be an effective policy tool in strategic, but rare instances and adopting it as an everyday, cure all that becomes standard operating procedure for a banking, finance and monetary system.
http://www.valuewalk.com/2015/02/central-banks-monetary-extremism/
It is amazing how far Central Banks have been allowed to go with regard to policy tools and influence, and how extreme their policy measures have become since the financial crisis. No other form of governmental authority has been granted these types of unrestrained powers in any branch of government, not Congress, the Supreme Court, the President, or the Military for comparison`s sake in the United States.
These policy measures really are the perfect example of taking maybe what may be an effective policy tool in strategic, but rare instances and adopting it as an everyday, cure all that becomes standard operating procedure for a banking, finance and monetary system.
http://www.valuewalk.com/2015/02/central-banks-monetary-extremism/
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