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More central banking stimulus is needed!
June 10, 2016
The Central Bank ‘Stimulus’ That Isn’t
When you are no longer so enthralled about what QE or “stimulus” “will” do, you start to focus correctly on why that should even be a possibility. The record low rates all across the world are not because of “stimulus”, then, rather it is the combined effect of monetary policy amplifying worries that monetary policy doesn’t work – and that it won’t ever work. The more extreme and really obscene it becomes, the more the mainstream cannot escape what was the case all along.
Don't let the naysayers win!
Source Data:
St. Louis Fed: Central Banking Employment
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