Brad DeLong had an interesting post [0] on that question Friday. Basically, the strong market reaction to the talk this spring of tapering convinced him that ye

Brad DeLong had an interesting post [0] on that question Friday. Basically, the strong market reaction to the talk this spring of tapering convinced him that yes there is a strong effect on long term interest rates which then stimulates investment. [0] http://equitablegrowth.org/2013/11/15/743/what-is-quantitative-easing-doing-is-it-doing-anything http://equitablegrowth.org/2013/11/15/743/what-is-quantitati...