Quantitative Easing Effects Will Go Off-Script From Textbook – ValueWalk Premium
Daniel Tarullo Federal Reserve

Quantitative Easing Effects Will Go Off-Script From Textbook

People are understandably worried about the lasting impact that quantitative easing has had on the economy, but there are also a lot of misconceptions. “It‘s hard to go through a work day in the markets without hearing someone proclaim that central banks are printing money through quantitative easing,” write Nomura Group analysts Anthony Morris, Swati Aggarwal and Gerald Rushton. “The implication is that the major central banks are today acting like old-school third-world governments, running the printing presses to pay their bills.”

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