I was wondering what you think was the biggest mistake made by any central bank since 2008?
I think all central banks failed together and am a big opponent of stimulus as it only applies a short term fix hoping it will buy the economy time, but at some point someone has to pay for the stimulus which in my opinion is far worse than a recession from which sustainable growth can be achieved.
I think there are quite a few historical cases which show that stimulus does not work and ends up being counter-productive. It is terrible that central banks act in order to please investors and not in order to create an environment for stable as well as sustainable economic growth.