3 ms·
I read recently that QE has disrupted capitalism's process of creative destruction by keeping alive companies that would have died otherwise[1]. These low-growt
by kristianp 7y ago
I read recently that QE has disrupted capitalism's process of creative destruction by keeping alive companies that would have died otherwise[1]. These low-growth zombie companies drag on the economy.
[1]. https://www.afr.com/policy/economy/qe-would-kill-finance-and-capitalism-mckibbin-warns-20191008-p52yov https://www.afr.com/policy/economy/qe-would-kill-finance-and...