Saturday, September 24, 2016

Our uncomfortable ride with central bankers who can't take us home again: Neil Macdonald

9:03 AM

USA-FED/

The world's central banks responded to the Great Recession by printing money. Lots of it. The practice drove down interest rates to nearly zero, robbed savers of return on their investments and rewarded those who live beyond their means. Things were supposed to return to normal eventually. Well, don't count on it.



from CBC | Express Feed News http://ift.tt/2cYHfLk

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