Davos leaders uneasy over glut of easy money

The potential consequences of the extensive "easy money" in the global economy is on the minds of many central bankers and business leaders. Working to "try to revive sluggish economies", central banks have "strayed far from traditional inflation fighting to take into account objectives such as reducing unemployment, raising nominal GDP, and ensuring the smooth functioning of the sovereign bond market." To achieve these goals, unorthodox measures such as keeping low interest rates and setting higher inflation rates have been utilized. Though these actions have not gone uncontested, as a Bain & Company report has concluded that the excess of capital has worked "to paralyze, confuse and distort investment decisions."