Professor Alan Meltzer explains the increasingly obvious complete failure of QE policy.In the main QE has simply boosted bank deposits. This has turned the banking system into the biggest hedge fund the world has ever seen and enormous market distortions and bubbles while starving the real economy. The civilian employment to population ratio has remained flat for the last 5 years.
The Craft of Investing
This article reveals what that craft actually is, why the low-risk road produces higher long-term returns, and how investors can build a disciplined edge that survives, and even thrives, in
