Fwd: The ugly side of ultra-cheap money

[Erda Gercek]

Unintended consequence of financial repression. 

Let's discuss On Thursday

Begin forwarded message:

From: Erda Gercek <erda....@2if.org>
Date: 20 December 2011 13:01:56 EET
To: Erda Webmail Gercek <erda....@2if.org>
Subject: The ugly side of ultra-cheap money

I saw this article when using the Financial Times app and thought you might be interested:

Financial Times, 1:55pm Monday December 19th, 2011
The ugly side of ultra-cheap money
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By Bill Gross
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Zero policy rates might in fact delever instead of relever the economy, writes Bill Gross

Read the full article at: http://www.ft.com/cms/s/0/b5f3af76-2712-11e1-b9ec-00144feabdc0.html