The various aspects of the crisis – first, only a financial crisis, then an economic crisis and, finally, the sovereign debt crisis – which is still with us – have prompted a large number of discussions, changes and upheavals.
This applies to the role of central banks and to the expectation of what central banks can and should – or cannot and should not – do to help resolve the crisis. It also applies to the financial system and the way it is perceived by the public at large.