CentralBankNet Monday Special Feature

Each Monday in future CentralBankNet will run a special feature on a subject of topical interest. This week we look at the issues raised by Bill McDonough's recent speech deploring the excesses of US executive pay and ask: Is it the job of a central banker to lecture the world from a Church pulpit?

But first we cannot resist commenting briefly on the Bank of Japan's decisions to gamble on the stock market.

By CentralBankNet's Editor, Jeremy Dyer.

BOJ SHOCK, HORROR!

Central bankers around the

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