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QE For Dummies

Sunday, February 17, 2013 - 8:28 AM
The Fed is in uncharted territory, having created a monster it can no longer control.  In the process, it is blowing new asset bubbles that are benefitting those with first access to the newly-printed money (banks and corporations) at the expense of savers, pensioners, and anyone exercising fiscal prudence.  This, of course, is creating a vast and growing inequality between the top 1% and everyone else.

QE for Dummies | Peak Prosperity
ShorebreakShorebreak2,699 posts since
Apr 6, 2010
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