CFR recommends policy shift that is very bullish for gold
By GCRU Gold News on Thursday, August 28 2014, 06:16 - Permalink
The “Foreign Affaird” publication of the influential and policy-setting Council of Foreign Relations made an announcement that could have huge ramifications for monetary policy going forward. In an article titled “Print Less but Transfer More: Why Central Banks Should Give Money Directly to the People,” the authors argue that the current quantitative easing and debt monetization is not generating broad-based stimulus to the economy.