On the recordJuly 19, 2017
Sustained, unprecedented monetary ease has failed to stimulate the economy.
Said by
Mickey Levy
There Is A Future
Source
congress.govSustained, unprecedented monetary ease has failed to stimulate the economy.
Levy criticizes the effectiveness of current monetary policies in stimulating economic growth.
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More from Mickey Levy
The Fed has created an extremely unhealthy relationship with financial markets.
Fiscal policies have resulted in dramatic increases in debt, but they really haven't addressed some of the key structural factors.
Both monetary and fiscal policies have gone off course and need to be reset.
The Fed's unconventional policies do deserve credit for lifting the economy and financial markets from crisis in 2008 and 2009.