Central Banks And Disruptive Technologies Pushing Economies To The Edge

The quantitative easing measures of the last nine years, in the US, UK and Europe, have grossly inflated asset prices and financed disruptive technologies which now threaten growth and employment in many industries.

Further, according to Crispin Odey, keynote speaker at today's annual Guernsey Funds Forum in London, the Central Banks have caused "financial repression on a global scale" as near-zero percent interest rates make economies "sloppy and weak".

"As a result we are in a world where no one believes they can hurt themselves. We have become very used to taking the drugs - the relief offered by quantitative easing measures," Mr Odey told the 420-strong audience in a highly engaging speech.