Economics @ ITT

Central bank money machines fail to spur global economy

Posted in economics by ittecon on September 10, 2012

File this under “Duh!”

Economics 101 says a massive dose of easy money is supposed to be a reliable cure for a sluggish economy. For the first time in decades, the prescription isn’t working, to the rising frustration of central bankers in the U.S. and Europe.

via Central bank money machines fail to spur global economy – Economy Watch.

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