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The Failure of Central Banking: Quantitative Easing

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The Failure of Central Banking: Quantitative Easing
Newly redesigned $100 notes at the Bureau of Engraving and Printing, in Washington, on May 20, 2013. Getty Images
Tuomas Malinen
Updated:
Commentary

The world economy has been on a perilous road for over a decade. The Global Financial Crisis (GFC) that hit the world in full force in September 2008 led central bankers and the government to issue extraordinary measures to stop the financial sector from melting down.

Tuomas Malinen
Tuomas Malinen
Author
Tuomas Malinen is CEO and chief economist at GnS Economics, a Helsinki-based macroeconomic consultancy, and an associate professor of economics. He studied economic growth and economic crises for 10 years. In his newsletter (MTMalinen.Substack.com), Malinen deals with forecasting and how to prepare for the recession and approaching crisis.
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