The long term impact of low rates

Mr White starts by observing what just about everyone in the world – with the notable exception of the current Fed chairman – acknowledges, that the Fed’s easy money policy after the dotcom debacle resulted in reckless credit expansion, the inflation of housing bubbles around the world and the appearance of an overly leveraged and opaque shadow banking system.

Financial times_9 Sept2012.pdf

Financial times_9 Sept2012
Posted by williamw in Publications

Which Way Forward?

William White, Chairman of the Economic Development and Review Committee, Organization for Economic Co-operation and Development (OECD) speaks on panel, entitled “Which Way Forward: Reflections on Global Turmoil and the Role of Markets, Governments, and Civil Society” at the Institute for New Economic Thinking’s (INET) Paradigm Lost Conference in Berlin. April 12 2012.

Posted by williamw in Publications