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Friday, December 28, 2018

What Did European Central Bank Quantitative Easing Accomplish? Not Much

We often criticize the Federal Reserve for its three rounds of quantitative easing. Coupled with artificially low interest rates, Fed QE stimulus — essentially money creation –pumped up all kinds of asset bubbles. Now that the US central bank is trying to tighten, we’re beginning to see the air seep out of those bubbles. But […]

The post What Did European Central Bank Quantitative Easing Accomplish? Not Much appeared first on SchiffGold.com.



from SchiffGold.com http://bit.ly/2ETx0pB