from King World News
As the world continues to be engulfed in chaos, we are headed “From QE to Eternity.”
From QE to Eternity
June 3 (King World News) – Jeff Snider at Alhambra Partners: So, you’re convinced that low rates are powerful stimulus. You believe, like any good standing Economist, that reduced interest costs can only lead to more credit across-the-board. That with more credit will emerge more economic activity and, better, activity of the inflationary variety. A recovery, in other words.
Ceteris paribus.