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The Implications of Fiscal Dominance for Central Bankers
I want to ask you to what degree are central bank do you think central bankers are aware of the facts that the efficacy of their policies are waning. I've not been part of the inner circle since 2008 so you know take this as a as a warning what does he know why did the central bankers do what they did? The question is sort of flipped in a way that has become too much too much of a good thing and whether there should not be some pulling back or retargeting. If it's gone into consumption and not investment then in a certain sense we've we've committed a double error not only have we done too much and it's inflationary but we've given ourselves a