pushing on a string

pushing on a string
 n.β€” Β«The attempt to pump money into the banking system failed, and as a result, the phrase β€œpushing on a string” was coined to describe the futility of inflationary policies in this environment.Β» β€”β€œWisdom from Richard Russell on the Inflation/Deflation Topic” by Jay Taylor HoweStreet.com Nov. 21, 2005. (source: Double-Tongued Dictionary)

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Further reading

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