At least one analyst out there actually understands how QE works. Stephen Roach of Morgan Stanley says that QE is one big waste of time. He understands that global imbalances can’t be resolved with kick the can policies.
Source: CNBC
Practical Views on Money
At least one analyst out there actually understands how QE works. Stephen Roach of Morgan Stanley says that QE is one big waste of time. He understands that global imbalances can’t be resolved with kick the can policies.
Source: CNBC
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