Economy

ROBERT J. SAUELSON: Cheap money can’t buy a strong economy – WaPo

By at June 24, 2013 | 1:20 am

ROBERT J. SAUELSON: Cheap money can’t buy a strong economy – WaPo

By Robert J. Samuelson, Sunday, June 23 2013 We are now discovering the limits of cheap money. For more than four years, central banks around the world — led by the Federal Reserve — have aggressively pumped money into their economies to stimulate faster revival. These infusions are huge. From 2007 to today, the assets of major central banks nearly doubled from ... Go To Article