"Negative Rates Are Dangerous" OECD Chair Warns "Our Entire System Is Unstable"
Submitted by Erico Matias Tavares via Sinclair & Co.,
William R. White is the chairman of the Economic and Development Review Committee at the OECD in Paris. Prior to that, Dr. White held a number of senior positions with the Bank for International Settlements (“BIS”), including Head of the Monetary and Economic Department, where he had overall responsibility for the department's output of research, data and information services, and was a member of the Executive Committee which manages the BIS. He retired from the BIS on 30 June 2008.