Tuesday, 9 August 2011

Rogoff On Solutions to Market Wobbles

For once we can agree with Kenneth Rogoff. His suggested remedies in this FT article go much of the way along with what we are suggesting here. http://www.ft.com/intl/cms/s/0/1e0f0efe-c1a9-11e0-acb3-00144feabdc0.html#axzz1TjofmEa2

Above all, and most urgent, Rogoff sees a fresh round of quantitative easing as increasingly crucial to stabilising markets. We agree, of course, and have argued so at length in interventions below.
http://www.theage.com.au/business/world-business/fed-ready-to-launch-qe3-rogoff-20110809-1ikfh.html

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