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"consumers crushed" & us "economy collapsed", page-57

  1. 5,237 Posts.
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    For those interested in advancing their economic knowledge above the mere repeating of anti-monetary stimulus slogans emanating from the usual suspects here is a link to a good site explaining what operation twist is all about:

    http://www.guardian.co.uk/business/2011/sep/21/operation-twist-federal-resrve-gamble-us-economic-stimulus

    As you can understand from reading the article the problem with such operation is that it does not seem to be particularly effective.


 
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