Wanted: paranoid and unpopular central bankers

webinar

Brought to you by centralbanking.com

A higher degree of paranoia and risk aversion should form a crucial part of central banks' post-crisis toolkits, Daniel Gros, the director of the Centre of European Policy Studies, said on Tuesday.

Speaking at the inaugural CentralBanking.com web seminar, Gros said: "The key element [of preventing future crises], ultimately, is paranoia. You need to have an institution that dislikes risk and sees it everywhere, even during a boom."

Gros added: "We need an

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: