What Is Quantitative Easing?

Fermioh: QE is perceived as a giveaway to Wall Street, the asset appreciation. But for homeowners who are experiencing surging values of their homes, it's not bad for retirees or people who've got a pension with a bunch of stocks,. A rising stock market isn't so bad for those of us who don't own anything but an iPhone or a computer. The left will say, well, the main most important beneficiaries, Henwood, has some praise like this in your latest issue - nor does the econometrics suggest that that's a fair judgment. Operating by really perverse effects means when you make rich richer, they spend more That's a kind of toxic fiscal policy