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CNN: Prof. Catherine Mann discusses the dangers of quantitative easing

Catherine Mann

October 28, 2013


In a recent CNN story, Professor Catherine Mann argues that the first two rounds of quantitative easing have fueled the excessive rise of asset prices.
"Companies are making profits, but they're not making profits off of higher sales," she said. "They're making profits off of constraining costs and particularly labor."
Read the full story here

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