Thu, 21 September 2017
Once again, if you just stick to the truth and be unapologetic eventually that truth will set you free.
For years the FED has been talking about Quantitative Easing as the solution to our economic problems. "Prime the Pump!!!" they'd scream. "Don't worry; we know what we're doing."
They do not.
One of the Feds own economists has now admitted what many of us have known for so long. QE doesn't work. It creates bubbles, distorts asset prices and creates a general mess, but it doesn't help heal an economy.