Gallant Steeds or One-Trick Ponies?
The World’s Central Banks
React to a Pandemic
Central banks around the globe are taking significant action to help offset the economic calamities resulting from the COVID-19 pandemic. Will the moves be effective?
Conning’s Rich Sega notes that central banks historically have responded to crises with often one common remedy – printing money – and this event is no different. But can this major cash infusion create other issues? And can there be a point when there is too much money available?
Rich reviews global central bank actions and assesses the potential impact in his Viewpoint “Gallant Steeds or One-Trick Ponies?”