Why QE3 will workBY BENJAMIN ONG | TUESDAY, 18 SEP 2012 8:30AMThe latest QE has no end date - it's open-ended. The Fed won't finish until there is "broad-based growth in jobs and economic activity that generally signal sustained improvement in labour market conditions and declining unemployment". |
Editor's Choice
Greens, Labor agree on LRBA ban on SMSFs
The Australian government is backing the Greens' policy to put a stop on SMSFs from purchasing residential properties with any capital assistance, arguing the sector is currently gating nearly two million properties from first homebuyers.
Pendal shutters Global Select Fund
Only five years after it debuted, Pendal has terminated its Global Select Fund, an actively managed international equity strategy.
First Sentier adds to C-suite, hires from Rabobank
First Sentier Group has appointed a former Rabobank executive as chief people officer.
IFM builds Atlas Arteria stake to majority
IFM Investors has been slowly creeping control over Atlas Arteria through on-market stock purchases, finally crossing the 50% ownership mark.
Products
Featured Profile

Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







Money printing has never been a proper fix for an economy. Anyone who thinks Big Ben's 'QE to infinity' will have any lasting good, well, they probably think everyone should stop working because we only have to print money for all our needs. Utter tripe. BigBen is just doing what a Keynesian 'educated' economist is programmed to do when their back is up against the wall, PRINT, and that is what they all do until the cows come home or the whole thing collapses and collapse it will, sadly. what else can anyone expect, really? It is all they know how to do; print money. More debt doesn't fix your problem of too much debt. This isn't the real sadness though. The real sadness is that the majority of Americans believe he's a genius and that he and Obama will keep giving them their 'entitlements' and make it all good. Worse, these people will be caught with their pants down and hit hard when it hits the fan which will make 1929 look like a family picnic. Poor souls . . .