P
Patrick (not verified)
21st August 2014 | 1:12pm

This is very expository of the developments we have in our financial system globally. To even think that the operational and instrument independence of the Central Banks cannot be fully guaranteed as they someway somewhat are influenced by governments, makes one cringe and wonder if we have not mortgaged our very lives and the development of financial systems particularly in jurisdictions with shallow financial deepening, to governments, who by the way appear as the white knight you clearly describe....What will be interesting to know will be the future of these institutions in the wake of future occurrences in the market...