2012-12-13 — washingtonsblog.com
While the mainstream financial press pretends that quantitative easing is a "liberal" economic policy, nothing could be further from the truth.
As we've repeatedly explained, quantitative easing is a bailout for the super-rich, at the expense of the little guy. It increases inequality and fails to stimulate the economy. (And it destroys the savings of retirees.)
Indeed, Fed boss Ben Bernanke knew 24 years ago that quantitative easing doesn't help.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
