Expansionary Monetary Policy: Easy Money
Apr 13th, 2005 | By Whiskey Contributor | Category: Macro Economics
Marc Faber explains why the US' Expansionary Monetary Policy led to strong consumer spending growth but did not lift capital spending -- and why the obvious answer isn't necessarily a sufficient one.
THE FED EMBARKED on an ultra-easy and expansionary monetary policy whereby, despite six interest rate hikes over the previous six ...read more
