Relevant:
- The ECB Needs to Know Its Place
- ECB Biggest Rate Cut On Record; BOE, Other Central Banks Join Rate Cutting Party
- Willem Buiter Issues His Most Dire Prediction Yet: Sees "Unprecedented" Fiscal Crises, US Debt Inflation And Fed Monetization
- Citi's Buiter On 'Plan Z': Unleash The Helicopter Money
- Citi's Buiter: World faces recession next year
2014-10-20 — marketwatch.com
``The most damning problem, as Citibank Chief Economist Willem Buiter has argued, is that central bankers have "no skin in the game." Central banks do not stand to make or lose money from their forward commitments. Central bankers' tenure or remuneration is also not linked to outcomes.''
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