Sees danger of too much responsibility for central banks; Central banks have stretched mandate in crisis; Independent monetary policy more important than ever; Speaking in Munich
Joined May 2011
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Status: Get to the Chopper
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Just put an end to central banks altogether.
Let we the people (free market)- (supply and demand), determine price. Not the other way around.
Having central banks setting the price of money and using whatever manipulated indicator they wish to justify it, is placing a distorted control over supply and demand.
If this latest crisis has not shown this, then we are blind.