Quantitative easing: giving cash to the public would have been more effective

Now, when Janet Yellen, the Fed chairwoman, has called time on quantitative easing in the US, there are quite a few people advocating injecting the money directly into veins of the economy. In an article with a controversial title “QE central bankers deserve a medal for saving society” in the Telegraph on 29th Oct 2014, Ambrose Evans-Pritchard argues: We may need … Continue reading Quantitative easing: giving cash to the public would have been more effective