Central bankers have 'lost the plot', former UK Conservative Party leader says

Central bankers have 'lost the plot', former UK Conservative Party leader says
 

Unless central bankers stop sowing discord by inflating a bubble with make-believe money, the world's top central banks will find their independence challenged, former Conservative Party leader William Hague was quoted as saying on Tuesday.
"Central banks collectively have now indeed lost the plot," Hague, a former foreign minister, said in an article in the Daily Telegraph newspaper. "They are blowing up a bubble of make-believe money to avoid immediate pain, except for penalising the poor and the prudent."
"Like doctors keeping their patients on a drip many years... read more

 
18 October 2016 in Business, Views: 45
Source: Reuters
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