the u.s. economy is facing a failure of monetary policy at least three great serious problems-9479威尼斯

fig. is' in the scene of the meeting (photo by: chen wen jie)

sina financial, a us eastern time on november 5,the world - famous hedge fund bridgewater fund bridgewater associates founder ray - ray dalio, dario cecchiniknown attended the second economic forum of greenwich, greenwicheconomic forum and gave a speech.in a speech in dario cecchiniknown spoke, now the us economy is facing unprecedented trifecta, one is the disparity between the rich and the poor;second is the failure of monetary policy;the third is the world's shift of economic power.these problems if not properly and timely process, leading to "global" crisis;while capitalism is not re - implementation of the reform, a split in the consequences. indeed, o 'daly was not the first time i had pointed out that the failure of monetary policy concerns.early on october 17, dario cecchiniknown in the international monetary fund (imf) annual meeting, held in the autumn, said the global economy is in a "downstream" of the stage, the situation with the 1930s novella also have similar references,and the central bank had already raped and murdered. in 1932 the u.s. economy during the great depression and, at the time of the benchmark interest rate close to zero, and that the central bank through a large amount of monetary easing to stimulate the market by lowering interest rates, large quantities of money, buy the financial markets, the successful rescue.the 2008 financial crisis, the benchmark had fallen to zero.once interest rates to zero, it is difficult to apply the market expansion. o 'daly, said the federal reserve to rescue the talisman that cuts in interest rates, money printing to buy assets and spending measures or, in the current economic situation, the space is very limited.because with the long - and short - term debt at the same time, the central bank had to lower nominal interest rates fell to as low as possible, to pay debts. according to the congressional budget office predicts that federal 'outstanding debt has reached 22. 9 trillion, accounting for about 103% of gdp, is expected to 2028, the figure could rise to 105%.o 'daly, argue that the administration is likely to raise taxes to pay off the debt.which has been in the bottom of the gap between the rich and the poor people and was considered to be a huge burden, may lead to social disintegration, resulting in a "class upgrade. the gap between rich and poor has been the site of the dario cecchiniknown concerned issue.according to a new global wealth report says the global plutocracy of the assets of the planet's wealth of the aggregate of 44%, there were 47 million millionaires, only 0. 9% of world population.but there were 56. 6% of people under the name of the property is less than 1 million, they were the property of the total global wealth of the 1. 8%.daly said the as artificial intelligences wide application, although the productivity is improved remarkably, but also greatly exacerbate the gap between the rich and the poor. "in the us, the richest 1 per cent of the population with a net worth of one - tenth of the population is equal to about 90% of the sum of the underlying net assets." dario cecchiniknown pointed out.he calls for american society to confront this problem, this will inevitably intensify the contradictions, protectionism and extremism, populism. besides causing a gap between the rich and the poor, the ultra - loose monetary policy will also feed into inflation, would push up prices, driving the economy into a recession.dario cecchiniknown also spoke on the implementation of the world economic forum in the governmental transition.he believes that china's rise is just below the surface. finally, daly, noted that the capitalist system if we don't carry out reform measures, which is likely in the future.