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2016-12-05 — bloomberg.com
The Bank of England Governor said they must acknowledge that gains from trade and technology haven't been felt by all, improve the balance of monetary and fiscal policy, and move to a more inclusive model where "everyone has a stake in globalization."
...
Carney also defended the central bank's current policy stance... "Low rates are not the caprice of central bankers, but rather the consequence of powerful global forces, including debt, demographics and distribution," he said, adding that they helped to prevent a deeper economic downturn.
So he wants to make the "fruits of globalization felt more equally", but wants to ignore the chief driver of the inequality... this pretty much sums of the establishment's "response" to the undeniable popular revolt going on now.
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