No way out of QE policy dead-end, Time to get serious about cryptocurrencies
Tuesday 2 March 2021 – Vol.12 Ed.9.2
Commentary: No way out of QE policy dead-end
By Tamim Bayoumi in Washington
Central banks are stuck in a problem of their own creation, as a result of choosing to combat the 2008 financial crisis through quantitative easing. That strategy shows every sign of becoming a long-term one, despite initial assumptions that it was only a temporary emergency response. Buying up large amounts of...