Deflationary Pressure

Money For Stocks, Zilch For The Economy – Draghi’s “No-Growth” QE – OpEd

By Mike Whitney Let’s say you’re diagnosed with colorectal cancer. But instead of going to a professional for help, you decide to treat yourself with glycerol suppositories and high doses of Vitamin C. Well, then, you’re probably going to die, right? This same rule applies to economics. If you try to reduce unemployment and boost growth by … Continue reading →