Easy Money Won’t Save The Global Economy From The Next Recession
Easy money will fuel asset bubbles, but it won’t save the global economy from the next recession.
That’s according to Ted Bauman, senior research analyst and economist at Banyan Hill Publishing.
“The key lesson from historical experiences is that central banks can ease monetary conditions all they want, but they can’t force people to use easy money,” says Bauman. “I take an old-school approach to…