Deutsche Bank Blames Central Bank Stimulus For Economic Woes
Has the “unprecedented scale and duration of monetary policy easing” by EU, US and Japanese central banks led to what is a historically slow recovery? Is quantitative stimulus really an addictive pain killer that is responsible for “Secular Stagnation?” Deutsche Bank asset management researchers have an answer and it sings from the same song-book as did their chief economist on Monday. Deutsche Bank researchers all on same page regarding negative impact of central bank stimulus When Deutsche Bank Chief Economist David Folkerts-Landau was on CNBC, he doubled-down on claims that the European Central Bank had lost credibility and the economic...
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