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World seeing ‘greatest monetary policy experiment in history’ – Rothschild — RT Business

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Low interest rates, negative yields on government debt and quantitative easing are part of the biggest financial experiment in world history, and the consequences are yet unknown, says RIT Capital Partners Chairman Lord Rothschild. “The six months under review have seen central bankers continuing what is surely the greatest experiment in monetary policy in the history of the world. We are therefore in uncharted waters and it is impossible to predict the unintended consequences of very low interest rates, with some 30 percent of global government debt at negative yields, combined with quantitative easing on a massive scale,” Rothschild writes in the company’s semi-annual financial report.

Source: World seeing ‘greatest monetary policy experiment in history’ – Rothschild — RT Business

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Written by voiceoftruthusa

August 29, 2016 at 1:59 pm

Posted in Uncategorized

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