Bank of England chief economist Andy Haldane. [July 13, 2014]
"We are beginning to discover that the reason the world recovery is so slow is that monetary policy isn't the answer now, and other policies need to be put in place to rebalance the world economy,"
- Mervyn King, Former Governor, Bank of England [Aug. 11, 2014]
"The "borrowed time" central banks have created with ultra-low interest rates following the collapse of Lehman Brothers in 2008 has not been well used".
"How to unwind the huge increase in the size of its balance sheet with minimal impact. It is not going to be easy, and it is not obvious exactly how to do it."
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