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Citywire: Why Printing Even More Money Can Save The World

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Genius :huh:

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Speaking in a video interview with Citywire, Bell says steps such as a third instalment of quantitative easing – essentially printing money to boost asset prices – by the Fed and other ‘enabling mechanisms’ would be aimed at ensuring liquidity already injected into the US economy had a greater effect.

...Bell explains how officials could prevent more monetary stimulus from stoking speculation in commodities markets, and why it was probably more necessary now than a year ago.

The chief executive also says jointly guaranteed ‘eurobonds’ could be a solution to the eurozone’s debt crisis, although it would probably be some time before European leaders agreed on issuing them

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