'Most ruinous central banker': A Greenspan by another name?

Société Générale strategist and permabear Albert Edwards has launched a scathing attack on central bankers, warning incoming BoE governor Mark Carney could follow in the footsteps of Alan Greenspan to be a "ruinous" bank leader.

Edwards criticised Carney following his address to the Treasury Select Committee on Thursday where he hinted at more aggressive measures to stimulate the flagging UK economy when he takes over the post from Mervyn King in June. "Carney is willing to be much more aggressive - George Osborne will be pleased. In his evidence to the Treasury, he repeated his idea that if existing QE measures fell short, central banks should consider shifting to targeting nominal gross domestic product, which would allow them to respond much more aggressively to a downturn in economic output and place as much...