Are central banks now the reluctant gatekeeper of the financial markets?

  I am not sure if most banks in the west want to finance productivity, efficiency and sustainable economic growth. And why do I say that? Well, let’s see, a very large part of the banks' balance sheet seems to be allocated towards financial market transactions. Be it growth in lending to private equity firms,…… Continue reading Are central banks now the reluctant gatekeeper of the financial markets? →