ECB Board Member Admits Central Bank’s Monetary Policy Risks “Tearing Up Social Fabric”

by Tyler Durden
ZeroHedge.com
Sep 26, 2016

“Moving from interest rates being ‘low for long’ to being ‘low forever’ would severely limit the room for maneuver for conventional monetary policy tools, but even more worryingly, it would threaten the contract between generations as well as risk tearing up our social fabric.” – ECB’s Benoit Coeure

The Rest…HERE

This entry was posted on Monday, September 26th, 2016 at 11:22 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.