When central banks print money to help the economy, does it actually help?
Central banks all around the world have been printing money. This policy, known as quantitative easing in banker jargon, has driven up the price of stocks and bonds. But will it lead to real and sustainable increases in global growth, or is it sowing the seeds of future inflation?
- Roger Bootle, executive chairman, Capital Economics
- Simon Johnson, professor, MIT; and former chief economist, International Monetary Fund
- Edward Conard, visiting scholar, AEI; and former partner, Bain Capital
- Andrew Huszar, senior fellow, Rutgers Business School
Watch the full debate at Intelligence Squared U.S.