I don’t think quantitative easing is fit for purpose. Never mind the weak correlations between money spent and grass-roots economic recovery, I’m struggling to see it as a cure for a viral epidemic.
What is its purpose? It may well have the effect of lowering interest rates, but I’m not convinced that alone will get economic growth going. Something else is required: confidence. Confidence in the real economy. Confidence of ordinary people, not financial market wizards.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'I am deeply sorry for my actions': Ndabeni-Abrahams breaks silenceMinister of communications and digital technologies Stella Ndabeni-Abrahams has broken her silence with a public declaration that she did in fact breach the regulations of the nationwide lockdown. If indeed she is sorry she must hand herself to the SAPoliceService I forgive you but Law must take its course Watch? There is no video mos on the link?
Source: TimesLIVE - 🏆 28. / 59 Read more »
'I regret the incident and I am deeply sorry for my actions,' - Ndabeni-Abrahams apologises“The President has put me on special with immediate effect. I undertake to abide by the conditions of the special leave.” covid19SA 21daylockdownSA kgmadisa kgmadisa He must fire you kgmadisa Put her on special?! 😂 how much😅 typo checkyourtweet kgmadisa Wow no boot 🥾 nothing special🤷🏾♂️
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Gold slips away from one-month high as dollar firmsYellow metal prices ease on hopes of coronavirus infection rate slowdown
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: Channel24 - 🏆 48. / 51 Read more »
This hero refuses to abandon the orphans in the virus stormFREE | “When the president made the announcement they gave us the choice to leave, but I decided I’d stay because they really needed the help.” May the good lord bless u my sister. What u doing is beautiful
Source: TimesLIVE - 🏆 28. / 59 Read more »
Source: SABC News Online - 🏆 32. / 51 Read more »