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By Marlene Y. Satter, AdvisorOne |
April 27, 2012
Joseph Stiglitz, winner of the Nobel Prize for economics, said that the current pursuit of austerity by European nations is a move toward “suicide” and that such a policy has never worked in any large country.
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By John Sullivan, AdvisorOne |
September 29, 2011
A growing chorus of critics is questioning the efficacy of the Fed’s latest attempt to put downward pressure on long-term interest rates and “help make broader financial conditions more accommodative”—also known as Operation Twist.