Monday, 11 December 2017

Cheap Money

The Central-Bank Trap: the Real Price of Cheap Money

Posted by Daniel Lacalle
June 8, 2017
in Blog

This piece originally appeared in World Economic Forum At the time of writing, the pace of expansion of the main central banks in the world exceeds $200 billion per month. In fact, in the first four months of 2017, central-bank asset purchases have surpassed the $1 trillion mark, according to Bank of America Merrill Lynch. […]

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Escape from the Central Bank Trap

Posted by Daniel Lacalle
May 10, 2017
in Blog

Cheap money becomes very expensive in the long run. In my new book, “Escape from the Central Bank Trap” (Business Expert Press), I explain that central banks are using the same inflationary policies that led us to the financial crisis. However, this time, these policies put us at an even greater risk. The monster bubble […]

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