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QE3 is No Panacea

Tue 23 Aug 11 | 05:00 AM ET
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QE3 is No Panacea

Tue 23 Aug 11 | 05:00 AM ET
"You would think by now people would realise there is no quick fix to get us out of this crisis. It is going to be a long-haul, and what we really need to get is some reforms to the economy. Confidence comes from seeing government policy be what you want it to be," Matthew Bishop, U.S. business editor at The Economist, told CNBC.
 
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