Swiss Economicblogs.org
Share this article Part II of II Business as usual” will simply not cut it anymore. The “print and spend” policies of the past, the QE lifelines, the liquidity injections, the zero and negative interest rates, the blatant debasement of the currency, the market manipulation and all the direct and indirect bailouts will not work as they did before. And it’s not only because the central bankers have overused these “weapons” and have by now exhausted all their options – this is a widely...
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