This year's symposium hosted by the Federal Reserve Bank of Kansas City was emblematic of the diminished power of central bankers around the world. As Chair Jay Powell met with cohorts at Jackson Hole, his boss, who may or may not have the power to fire him, called Powell an enemy of the people, along with President Xi Jinping. It is hard to imagine a greater party dampener. Attendance was down as well. For a balanced look at why central banking is in decline, Adair Turner's
The Great Decoupling - August 25 2019 EconVue…
This year's symposium hosted by the Federal Reserve Bank of Kansas City was emblematic of the diminished power of central bankers around the world. As Chair Jay Powell met with cohorts at Jackson Hole, his boss, who may or may not have the power to fire him, called Powell an enemy of the people, along with President Xi Jinping. It is hard to imagine a greater party dampener. Attendance was down as well. For a balanced look at why central banking is in decline, Adair Turner's
Create your profile
Only paid subscribers can comment on this post
Check your email
For your security, we need to re-authenticate you.
Click the link we sent to , or click here to sign in.