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Alberto Gallo - Algebris Investments: Politics is turning the screws on central banks’ easy money policy

image-07/20/2017 - 11:50July 19, 2017 - Financial Times published an editorial by Algebris Investments partner Albert Gallo in which he discusses the reasons for the apparent end of the "quantitative easing party" around the world. While QE prevented the worsening of the crisis, it did not solve its root causes and fuelled an asset-rich and wage-poor recovery, widening the gap between asset owners and the have-nots and between financial markets and the rest of the economy.

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