pushing on a string

http://www.business-standard.com/article/economy-policy/monetary-policy-losing-sting-115120401107_1.html

great work on how much revenue has been generated from each unit of printed currency and debt raised by companies


                       printed/ gdp


1991                   5.0
2005                   1.9
2015                   1.2

2005-2015    806 companies revenue growth 18% cagr v 25% cagr + debt


                        debt/rev
2015        

construction        1/.64
real estate            1/.62
power                  1.50

thesis

0 cost money sonce 2008 has not led to higher demand or corporate investment but has fueled stock buyback and speculation



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