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Every government, company and shareholder must confront climate change.
Found on Reuters 4 years ago
It makes sense in the U.S. economy, it makes much less sense in economies where most of the pool of assets of individuals are sitting in a bank account. I see negative impact. That is why I've always questioned monetary policy without a large, I would say, equity culture. That's really what's happened in Japan and in Europe.
Found on Reuters 5 years ago
Unfortunately, the only name in town is the ECB, they're trying to do whatever they can do to do it. I think now with all the negative rates, and with 82 % of savings in a bank account, I just don't see how that transmission works as well as lowering rates in the United States.
Found on Reuters 5 years ago
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