18 Jul 2014
Ideas
There will be a price to pay for QE
The explosion of “money-printing” since the financial crisis is a dangerous delusion which has stored up trouble for the future, says Liam Halligan, writing for CapX. A Western central banker is ordering a pizza over the telephone. “Should I cut your pizza cut into six slices or eight slices, sir?” asks the youthful restaurant staffer. […]