A View from Asia

Are we becoming permanently addicted to central banks' liquidity injections?

  • Samir Mehta
06 Nov 2019
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View PDF   Download PDF  
  • Severe social consequences of income and wealth disparity, distortion of interest rates into negative territory, undermining savers to benefit borrowers and pockets of extreme asset price inflation are a few of the ill effects attributed to quantitative easing.
  • The biggest risk we now face is a mistake by policy makers, which is difficult to model or price.
  • Resilient growth businesses that are able to deliver profitable growth in the face of challenges have been rewarded handsomely.


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