A Central Bank missing the main point puts the nation on ‘extra’ red alert
Treating losses lightly by the Central Bank
The Central Bank has issued a response (available here) to the article of this writer in this series titled ‘The continually loss-making Central Bank puts nation on red alert’ (available here).
The reading of the response reveals that while the arguments presented have been flimsy, the Central Bank has missed the main point as well. Such a casual approach to a critical issue by the Monetary Authority of the country, created by people to serve them as their trustee, puts the nation not on just red alert as suggested by the original article but on ‘extra’ red alert.
Monday, 18 May 2015
Treating losses lightly by the Central BankThe Central Bank has issued a response (available here) to the article of this writer in this series titled ‘The continually loss-making Central Bank puts nation on red alert’ (available here).The reading of the response reveals that while the arguments presented have been flimsy, the Central Bank has missed the main point as well. Such a casual approach to a critical issue by the Monetary Authority of the country, created by people to serve them as their trustee, puts the nation not on just red alert as suggested by the original article but on ‘extra’ red alert.
