We will talk about that. I think all of you know these people. The university of chicago former governor here at the booth john. And now at you just cannot quit that fed. Now in the third longest economic expansion we ife had and a question is policy will be discussed. In light of the discussions with the mortgagebacked component of the fed and the Balance Sheet, we have looked at the treasury. This started to rise in july holding of the ecb and the bank of japan saying they would assess the negative rates and started we will find out about this before too long. Addresst each of you to Monetary Policy and what to and how far will they go or should they go . What is your view of to the present . Maybe we will just go across here . I am delighted to be back here. I was on this board and i can see the conference has grown stronger and i am delighted to see that. Grownnomy, i wish it had stronger, but i think there has been a consistent, if not exciting recovery. Of the demographic reasons
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