Events •

34th Annual Monetary Conference — Panel 2: Monetary Mischief And The “Debt Trap”

The Cato Institute’s Center for Monetary and Financial Alternatives invites you to join us at CATO’S 34TH ANNUAL MONETARY CONFERENCE. Leading experts will address the risks inherent in the unconventional monetary policies of the world’s leading central banks and the steps that need to be taken to restore long‐​run economic growth.

The lack of any monetary rule to guide policy decisions has created great uncertainty and increased financial volatility. Zero or negative interest rates and quantitative easing have created severe distortions in asset markets by increasing risk taking and politicizing credit allocation while failing to bring about robust economic growth. Attend Cato’s Annual Monetary Conference to find out why.

Athanasios Orphanides
H. Robert Heller
Daniel L. Thornton