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Draghi one of 'the great monetary fools in history': Former Federal Reserve Bank of Dallas CEO

From bnnbloomberg.ca

{video} Former European Central Bank president Mario Draghi will go down as one of the greatest “monetary fools” in history after negative interest rates failed to prop up Europe’s economy, according to the former head of the Federal Reserve Bank of Dallas. “I do think that Mr. Draghi, who I happen to have a personal admiration for – I like him, I know him, I spent a lot of time with him when I was at the central bank – probably will go down as one of the great monetary fools in history,” Richard Fisher, now a senior advisor for Barclays PLC, told BNN Bloomberg’s Amanda Lang on Wednesday. Fisher added that Draghi’s ... (full story)

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