“This week, the first Annual Summit on Economic Freedom will take place in the European parliament.
I will have the pleasure of debating with the director of IMF Europe, Jeff Franks, on the topic of “Central Banks: The Solution or the Problem?”.
From 2008 onwards, central banks have generally been regarded as the heroes that saved the day from the volatile and dangerous free market, but an interesting counter-narrative has developed: monetary policy has increased inequality, distorted markets, and – perhaps most importantly – created an even larger global debt bubble than that of 2008.”
Read more here…
http://www.cityam.com/283649/interest-rates-should-set-market-not-central-banks/amp
