Bernanke And Draghi Deserve The Nobel Prize

As Bernanke put it this week, the central banks can control the availability of credit in the financial system as a stimulus to pushing on moderate economic growth. Without the easy money, the rate of growth would decline. So, with fiscal policy restricted in terms of a massive stimulus to economic activity, it has fallen on the Fed and the ECB and the BOE and the PBOC to protect the global economy against a return to deflation, recession and widespread austerity.

Topics:  bernanke   fed   ecb   boe   pboc   american   economic   growth   stimulus   

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News