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While it helped stop the slide into another Great Depression, successive injections of money have yielded diminishing returns.
"We can take comfort that the logic of the printing press example must assert itself, and sufficient injections of money will ultimately always reverse a deflation," he said.
Worryingly, there are growing lines at ATMs, and so much money is being withdrawn that without further injections of money the banks will be insolvent.
Despite the apocalyptic rhetoric you sometimes hear, affordable injections of money would allow the system to run untroubled for at least 50 more years.
The move followed similar injections of money by central banks across the world to prevent credit markets from freezing up and to keep borrowing costs down.
The move followed similar injections of money by central banks around the world to prevent credit markets from freezing up and to keep borrowing costs down.
Similar(42)
So far Evans has harnessed a sizeable injection of money impressively to win promotion.
All agree on the need for a quick and substantial injection of money.
They do not, it seems, require a major new injection of money.
Meanwhile they can look forward to a fresh injection of money into this part of town.
Each new injection of money pushes up stock prices, creating more happy campers whose stories draw in more investors.
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