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He fears that by setting rates at zero the Fed may "merely pump up growth in the short term only to see it collapse later".
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Rather than reform Canada's cherished but increasingly expensive state-provided health-care system, he has merely pumped ever more money into it.
(Merely pumping water out of the mine costs $1 million per month).
This may merely reflect reality.
It may merely be random variance.
Indeed, the differences may merely be cosmetic.
Indeed, it may merely accelerate disintegration.
The lucky ones may merely be "kicked upstairs".
But that may merely signify lack of disapproval.
That may merely reflect a post-convention bounce.
Sometimes, it may merely be a question of timing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com