You hear that Janet? Carney? Tetangco, Jr.? Book yourselves on the next flight to Passages because you all need help and Dan is sick of picking up the pieces after each and every one of your benders.
As Japan struggles to reignite growth, Loeb said central bankers around the world, including in Japan, had relied for too long on monetary policy to stimulate economic expansion. "We've all relied too much on monetary policy," Loeb said, adding: "They used to call it the punch bowl. I say we've got to take the crack cocaine pipe away and start focusing on real fiscal policy and structural reforms."