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Allison Schrager: It’s Now Clear That QE Was a Colossal Policy Mistake

There’s no convincing evidence that central banks’ purchases of trillions of dollars of bonds and other financial assets helped any economy. The great quantitative easing experiment was a mistake. It's time central banks acknowledge it for the failure it was and retire it from their policy arsenal as soon as they're able. Since the

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Posted: November 22, 2022 Tuesday 07:49 AM