Ron Robins, MBA
Description: Economics for an Enlightened Age
Posted by Ron Robins on June 21, 2016
“Central banks are forced into more attempts to push money into their real economies to stimulate aggregate demand. While conventional QE efforts create asset bubbles and over-valued currency, Qualitative Easing could be directed to future needs: revitalizing infrastructure, education and growing greener, more efficient renewable energy deployment.” — Ben Bernanke and Milton Friedman Were Right: Helicopter Money or Qualitative Easing? June 8, 2016, Ethical Markets, USA.
Commentary: Ron Robins The funds required to deal with climate change are immense! The idea to use Quantitative Easing (QE) as an ‘easy’ source of funds for that purpose (re ‘Qualitative’ Easing) is highly attractive. However, I believe that government incentives and actions such as carbon taxes, depletion costing of resources, regulations favouring environmental business activities, and massive investment in environmentally supportive infrastructure and other projects at these ultra low rates (while availa
Ron Robins, MBA