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QE, A Path To Nowhere
Monday, December 21, 2015 11:25
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—>NewsNothing like sticking with failed theory until the bitter end. QE assumes that lowering interest rates will encourage people to borrow and spend, thus, spurring economic growth. While this theory failed to reignite the Japanese economy since 1989, don’t worry, it will work for Europe. Nothing like sticking with a failed theory to the bitter end. Europeans, like the Japanese, won’t…
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Source: http://edegrootinsights.blogspot.com/2015/12/qe-path-to-nowhere.html
