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Central banks drive booms and busts, and force everyone to be a high risk speculator « JoNova joannenova.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from joannenova.com.au Daily Mail and Mail on Sunday newspapers.
It seemed the right thing to do at the time. As the catastrophe of the global financial crisis began to unfold nearly 15 years ago, central banks slashed interest rates close to zero and flooded the system with freshly printed money through the newfangled mechanism of “quantitative easing”. ....
Britain’s offices faced a severe reckoning in 2023 as stubbornly high interest rates sent values tumbling. But experts warn the downturn is far from over. ....
Bond Buybacks Scrape Record Lows as Age of Easy Money Ends bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.