The Limits Of Free Money

  • Investors have been much more savvy about how economies behave under excess savings than many policy makers and observers.
  • While investors piled on and made a killing, many policy makers have overly worried about the risks of accelerating inflation and the state of public finances.
  • That doesn’t mean the near free money that a savings glut brings is without risk though.

The Limits Of Free Money | Seeking Alpha