Central bankers are like ‘pyromaniac firefighters’ and they are lighting another blaze
|05/18/2018||Posted by BusinessMediaguide.Com under General World News||
- Central bankers are like “pyromaniac firefighters” creating crisis after crisis, hedge fund manager and economist Daniel Lacalle told BI.
- The 2008 financial crisis happened because of central bank policies, Lacalle said, adding that the next crisis is already being created and could be worse.
- Central bank policies have been a “lottery” for investors but have pushed the rest of the population further into debt, the economist said.
Central bankers are like “pyromaniac firefighters” creating crisis after crisis that they then try to solve, a hedge fund manager and economist has told Business Insider.
Daniel Lacalle, a chief economist at Tressis SV and a fund read more >>>