Central bankers seek new role in brave new world

Discussion in 'Economics' started by Banjo, Nov 11, 2020.

  1. Banjo

    Banjo

  2. Grantx

    Grantx

    '...will attempt to figure out why monetary policy is not working...'

    Put through my bespoke bullshit interpreter this reads as:

    '...will attempt to figure out a way to maintain the illusion of value-driven authority by asserting control of the ever-growing threat of a decentralised value system - namely cryptocurrencies....'
     
    Cuddles, bone and Banjo like this.
  3. morganist

    morganist Guest

    In the United Kingdom they have been using my school of economic thought 'Morganist Economics' for the last decade and until the Coronavirus hit the economic targets were adhered to closer than any other time I am aware of. Using pension economic control is another option on top of monetary and fiscal policy, it seems to work in the United Kingdom.
     
  4. I think they have nothing to do)
     
  5. Cuddles

    Cuddles

    about time banks (yes including central) had their "blockbuster" moment. Big oil's having theirs too. Automation/technology's a cruel mistress.

    Will tech rid us of government one day?
     
    Grantx likes this.