Another Former Central Banker Finally Gets It: "The Idea That Monetary Stimulus Is The Answer Doesn't Seem Right"

http://www.zerohedge.com/news/2015-01-20/another-former-central-banker-finally-gets-it-idea-monetary-stimulus-answer-doesnt-s

What is it about central bankers who wait to tell the truth only after they have quit their post. First it was the maestro himself, the Fed's Alan Greenspan (most recently in "Greenspan's Stunning Admission: "Gold Is Currency; No Fiat Currency, Including the Dollar, Can Match It"), and now it is the Bank of England's former head, Mervyn King, who yesterday told an audience at the LSE that "more monetary stimulus will not help the world economy return to strong growth."

Rob Arnott - We Are Now In A Very Dangerous Environment

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/14_Rob_Arnott_-_We_Are_Now_In_A_Very_Dangerous_Environment.html

Pento - What Will Cause Markets To Crash & Will It Happen?

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/2/24_Pento_-_What_Will_Cause_Markets_To_Crash_%26_Will_It_Happen.html

Fed reverses exit plans

http://www.bloomberg.com/news/2010-08-11/fed-reverses-exit-plans-sets-floor-of-2-trillion-for-securities-holdings.html

The Federal Reserve reversed plans to exit from aggressive monetary stimulus and decided to keep its bond holdings level to support an economic recovery it described as weaker than anticipated.

Central bankers meeting yesterday adopted a $2.05 trillion floor for their securities portfolio, pivoting toward a quantitative target for monetary policy.