The Fed Has Failed: Business Investment Efficiency Is “Worst Since The Great Depression”
by Thad Beversdorf via FirstRebuttal.com,
ZeroHedge.com
Nov 9, 2016
Economic policy objectives (monetary and fiscal) are meant to incentivize domestic private business investment, which drives incomes and the money multiplier effect, i.e. the engine of the economy. Economic policy objectives have failed because CEOs, the private capital allocators, simply cannot accommodate business investment when the demand function is as weak as we currently find it, no matter how available and how cheap the capital.
The Rest…HERE
