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 The hard history of easy money

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RR Phantom

RR Phantom

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The hard history of easy money Vide
PostSubject: The hard history of easy money   The hard history of easy money Icon_minitimeTue Mar 29, 2016 4:27 am
We tend to think of the current era of central bank intervention as unprecedented. And it may be in terms of scale.

The hard history of easy money 1459143390293

But the bond-buying program known as quantitative easing isn't new, there's a historical precedent that goes all the way back to 18th century France and the so-called "Mississippi Bubble", the bubble was a financial scheme that triggered a speculative frenzy and ended in collapse.

Read more: http://www.smh.com.au/business/markets/the-hard-history-of-easy-money-20160319-gnmfy2.html#ixzz44HKdKCh7
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