A Decade On: What's the Verdict of America's Era of Easy Money?
Pedestrians pass in front of Morgan Stanley headquarters in New York, U.S. (Photographer: Eric Thayer/Bloomberg)

A Decade On: What's the Verdict of America's Era of Easy Money?

(Bloomberg) -- Last week marked a decade since the advent of post-crisis unconventional monetary policy: The Federal Reserve announced its first round of large-scale bond buying on Nov. 25, 2008.
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