Friday, September 27, 2013

13-09-27 Stephen Roach: Fed Is Courting An Increasingly Treacherous Endgame At Home and Abroad

STEPHEN ROACH IS A SENIOR FELLOW AT YALE UNIVERSITY’S JACKSON INSTITUTE OF GLOBAL AFFAIRSand a senior lecturer at Yale SOM. He was formerly chairman of Morgan Stanley Asia and the firm’s chief economist for the bulk of his 30-year career at Morgan Stanley, heading up a highly regarded team of economists around the world.  ח

Stephen Roach: Fed Is Courting An Increasingly Treacherous Endgame At Home and Abroad

'Such stealth transfer of wealth enabled and facilitated by central bank policies are not only economically unsustainable, they are reprehensively immoral.'

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