If Central Banks Are the Only Game in Town, We’ve Lost
U.S. one-hundred dollar bills are arranged for a photograph in Hong Kong, China. (Photographer: Xaume Olleros/Bloomberg)

If Central Banks Are the Only Game in Town, We’ve Lost

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(Bloomberg Opinion) -- Just since December 2018, central banks have collectively injected as much as $500 billion of liquidity to stabilize economic conditions. The U.S. Federal Reserve has put int...
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