Let's praise QE because nobody's got any better ideas: QE is working as planned - it is reducing the return on assets like bonds so that investors will look...

Let's praise QE because nobody's got any better ideas: QE is working as planned - it is reducing the return on assets like bonds so that investors will look elsewhere for return. It is resuscitating demand by ensuring that considerably more money is being invested in renovating properties and mobilising the building sector. US homebuilding is the global economy's Great Hope. (VIEW LINK)


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