MORE delusions of control - - -
ECB executive board member Benoit Coeure said the bank was working hard to prevent public expectations about inflation from becoming entrenched "on either side" - neither too high nor too low. But the slow pace of economic reform among European governments, he said, was damaging the effort.... Global central bankers, stuck at zero, unite in plea for help from governmentsHow well do you control your OWN expectations?
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Labels: economics, expectation, Keynes folly, KF:, prediction