The current financial crisis is also a crisis of cognition. Erroneous strategy of central banks and accommodative monetary policy (primarily of the Fed) have become causes of distortion of the information function of financial assets' prices. Excessive – in favourable monetary conditions – expansion of the global financial system has increased the complexity (ergo non-transparency of information) of financial operations and investment strategies.
Data udostępnienia | 5 wrz 2023, 07:36:35 |
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Data mod. | 5 wrz 2023, 07:36:35 |
Dostęp | Publiczny |
Aktywnych wyświetleń | 0 |