Macro Hive Conversations With Bilal Hafeez cover image

Mikihiro Matsuoka on Bank of Japan policy, Japanisation of Economies, and the Demise of Capitalism

Macro Hive Conversations With Bilal Hafeez

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Central Banks - Should They Target Asset Markets?

Central banks are keen to suppress some kind of financial flocss or bubbles. But targeting i alone, actually is not so productive, contrary to the initial instincts. Usually lising ascet prices generate alizing in common wealths in equality. And centre banks instinctively want to correct that but this should be left to the fiscal policy instead of the military policy. Otherwise you prick the bubble and you have to row into straits, and you come back squer one ta. That's oy the way they tried to avoid it. Yes.

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