Imperfect Markets and Inept Central Bankers
by
Andrew Smithers
Language: English
Release Date: October 9, 2009
In 2000 one of the world’s foremost economists, Andrew Smithers, showed that the US stock market was widely over-priced at its peak and correctly advised investors to sell. He also argued that central bankers should adjust their policies not only in light of expected inflation but also if stock...