Fleckenstein: Global Mimics of US Economic Policy Are Doomed

The Rise of Unconventional Monetary Policy: Halberstadt

Image by World Economic Forum
DAVOS/SWITZERLAND, 23JAN13 – Victor Halberstadt, Professor of Economics, Leiden University, Netherlands; Global Agenda Council on Fiscal Sustainability, reacts during the forum debate ‘The Rise of Unconventional Monetary Policy – Reinforcing Critical Systems’ at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 23, 2013..
Copyright by World Economic Forum.
swiss-image.ch/Photo Monika Flueckiger

Fleckenstein: Global Mimics of US Economic Policy Are Doomed
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Not in Kansas Anymore: Monetary Policy Demystified
That single statement pretty much sums up where we are in terms of monetary policy today. The cyclone of late 2008 tore the very foundation of the financial sector from beneath us. The Federal Open Market Committee (FOMC) dropped the fed funds rates to …
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