Why central bankers can't have it both ways

History has shown that you can either bail out the big banks with a flood of cheap money, or you can keep a lid on inflation. But right now, central bankers are struggling to achieve either.

The economy has been hit by two shocks,' said Andrew Sentance, a Bank of England policymaker, in a speech on Tuesday night.

He was talking specifically about the British economy, but these two shocks have smacked policy-wonks square in the face across the developed world.

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Adrian has written all things gold related from if it’s worth buying, what the real price of gold should be and what’s the point of gold for MoneyWeek. He has also written for other leading money titles on his gold expertise including Business Insider, Forbes, City A.M, Yahoo Finance and What Investment Magazine. Now Adrian is head of the research desk at BullionVault, a physical market for gold and silver for private investors online.