The end of infinite growth

Central Bankers Worldwide Race to Save Growth in 72 Hours of Policymaking

There it is in the headline!  The end of infinite growth practically admitted.

Bloomberg

Aug 12, 2011 8:31 AM GMT+1200

Central bankers are racing to shield their economies from fiscal tightening and lopsided currency swings that threaten a new global recession.

In the 72 hours after a Group of Seven conference call on Aug. 7, the Federal Reserve pledged to keep interest rates near zero through at least mid-2013, the European Central Bank intervened in bond markets and the Bank of England indicated it’s ready to add more stimulus if needed. Japan signaled renewed concern about the yen and Switzerland yesterday stepped up its fight to curb an “overvalued” franc.

For article GO HERE