Goldman Warns On Limits Of Central Bank Policy: “The Road To Hell Is Paved With Good Intentions”
by Tyler Durden
ZeroHedge.com
09/25/2015
By relaxing constraints on other economic actors, central-bank support may create opportunities for them to shirk their responsibilities. In turn, this may render it more difficult for the central bank to withdraw its exceptional measures. The road to central bankers’ hell may be paved with good intentions.”
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