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Asian Chemical Connections

Central Banks Risk Being Behind The Curve

By John Richardson BACK in 2003 the Bank for International Settlements (BIS) predicted that dangerous imbalances were building up in the global financial system. The BIS, a Brussels-based international organisation for central banks, was worried that the Fed and other central banks were compromising long term stability in favour of short-term growth. Sadly, policymakers didn’t […]

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