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Tuesday, September 3, 2013

Monetary

News                                                                                                                             
CNBC | Halting easy money could derail recovery: OECD
The global economic recovery is at risk of being derailed if the "unconventional" monetary policies which have injected cheap loans into the financial system are not maintained, the Organisation for Economic Co-operation and Development (OECD) has warned.

Econ Comments & Analysis                                                                                            
Bloomberg | Misconceptions About Fed’s Bond Buying
To combat the recession that began in 2007, the Federal Reserve and some other central banks have been buying large amounts of long-term bonds. The novelty of this quantitative easing makes the policy especially prone to popular misconceptions.
Forbes | A Monetary Policy Masterpiece Of A Book That Everyone Should Read
In the 17th century Great Britain was an economic afterthought. It’s hard to imagine this today, but its economy was 1/8th the size of India’s.