"The world’s central banks are engaged in one of the great policy experiments in modern history: ultra-easy money. And, as the experiment has continued, the risk of failure – and thus of the wrenching corrections and deep economic dislocations that would follow – has grown..."
at http://www.project-syndicate.org/commentary/from-easy-money-to-hard-times-by-william-white#9of0xck3Iql228l0.99
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