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A world of cheap money: Six years of low interest rates in search of some growth | The Economist

April 5th, 2013 · Comments Off on A world of cheap money: Six years of low interest rates in search of some growth | The Economist

And not only are government-bond yields low: given the high debt-to-GDP ratios of many nations, they aren’t even all that safe. In the joke of Jim Grant, who writes a financial newsletter, instead of offering risk-free return they offer return-free risk. via A world of cheap money: Six years of low interest rates in search […]

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