It’s time to get rid of central bankers

Far from being the saviours of the world economy, central bankers are one of the main causes of the mess we're in today. Phil Oakley explains why we'd be better off without them.

Today the world's investors and financial media will be hanging on the words of one man: Ben Bernanke.

Everyone's hoping that the Federal Reserve chief the world's most important central banker will give some idea of whether or not he plans to print more money.

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Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.