Monday, August 21, 2017

Benn Steil

Benn Steil is Director of International Economics at the Council on Foreign Relations and author of The Marshall Plan: Dawn of the Cold War, forthcoming from Simon and Schuster in February 2018.

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Washed Away on the QE2

Imagine that your water pipes have holes, and that, not wanting to pay to repair them, you tell the plumber to turn up the pressure instead. Replace pipes with banks, and you have the logic of the US … read more

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