With further government stimulus a non-starter, and consumer spending depressed by the reverse...

|By:, SA News Editor

With further government stimulus a non-starter, and consumer spending depressed by the reverse "wealth effect" produced by slumping home prices, Bruce Bartlett thinks additional increases in the money supply are the only way to kick-start the economy. However, the dissension in the Fed's ranks over new QE measures could prevent such a move.