>The central bank have not power to stimulate the economy in this situation, that's the reason central bankers are pushing the governments to spend directly.
Sounds very political for a supposedly independent central banking system!
This system is a disgrace and is governed by unelected technocrats who are able to yield a crazy amount of power over the economy without ever being subject to inquiries from the public, all in the interest of experimenting on the population with highly questionable economic models.
In my opinion we would never have been in this situation in the first place were it not for the artificial credit growth and consequent boom caused by central bankers.
Sounds very political for a supposedly independent central banking system!
This system is a disgrace and is governed by unelected technocrats who are able to yield a crazy amount of power over the economy without ever being subject to inquiries from the public, all in the interest of experimenting on the population with highly questionable economic models.
In my opinion we would never have been in this situation in the first place were it not for the artificial credit growth and consequent boom caused by central bankers.