Topic: [2016-10-10]Seven in Ten Bankers Agree Monetary Policy Is No Longer Viable (Read 289 times)
October 10, 2016, 12:46:29 PM
Centralized banking will eventually phase out. The decentralized concept, of everything, will continue to build as the years go on. Decentralized banking of the future will be a fair, safe, and structured - enter in Bitcoin and any other alts that serve a purpose that is efficient and safe. Just dreaming of course...
October 10, 2016, 12:41:24 PM
Seven in Ten Bankers Agree Monetary Policy Is No Longer Viable
One thing most financial experts seem to agree on these days is how central banks find themselves in a precarious position. The Federal Reserve is sharing that opinion, as they feel central bank policy is doing more harm than good. In fact, 70% of bankers believe the monetary policy is a thing of the past. Central banks are on very thin ice, and more cracks start to appear every single day.
Central banks have been using some interesting monetary policy options for several decades now. Boosting local economies is not an easy feat, but introducing helicopter money is no longer a valid option. Something will have to change sooner rather than later, but no one has the answer to this pressing problem...
http://www.newsbtc.com/2016/10/10/seven-ten-bankers-agree-monetary-policy-no-longer-viable/
One thing most financial experts seem to agree on these days is how central banks find themselves in a precarious position. The Federal Reserve is sharing that opinion, as they feel central bank policy is doing more harm than good. In fact, 70% of bankers believe the monetary policy is a thing of the past. Central banks are on very thin ice, and more cracks start to appear every single day.
Central banks have been using some interesting monetary policy options for several decades now. Boosting local economies is not an easy feat, but introducing helicopter money is no longer a valid option. Something will have to change sooner rather than later, but no one has the answer to this pressing problem...
http://www.newsbtc.com/2016/10/10/seven-ten-bankers-agree-monetary-policy-no-longer-viable/
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