BLOOMBERG Charlie Rose January 27, 2016
Happening in the policymaking side. There has only been one entity around the world Central Banks. They have taken a huge burden, well in excess of what they can deliver. Politicians have stood on the sideline leaving it up to the banks. Charlie youre saying Monetary Policy and fiscal policy was not effective because nobody could make it happen. Mohamed correct. And now, we are going to live with the consequences of having pursued too many objectives with an imperfect policy tool. Charlie what is left on the monetary side for Central Banks to do . Mohamed they need to get out of being the only...