Dr. Raghuram G. Rajan speaks how the Federal Reserve or the western central banks formulate their accommodative/unconventional monetary policies not considering the spillover effects on the developing economies. He somehow unwillingly reveals that if this way of running the economies by the western countries continue, then we may have another financial bomb in the making or offing capable of financial destruction not with the same intensity of 2007-2008 but with varying degree and effects. So watch and try to understand his viewpoints in this investigative interview. youtube/watch?v=fxvtxhKEYic
Posted on: Fri, 14 Nov 2014 02:11:00 +0000
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