The Federal Reserve – Which CREATED Quantitative Easing – Admits QE Doesn’t Work | WHAT REALLY HAPPENED

The Federal Reserve – Which CREATED Quantitative Easing – Admits QE Doesn’t Work

The Vice President of the Federal Reserve Bank of St Louis (Stephen Williamson) writes in a new Fed white paper (as explained by Zero Hedge):

The theory behind Quantitative Easing (QE) is “not well-developed”

The evidence in support of Ben Bernanke’s views on the transmission mechanisms whereby asset purchases affect outcomes are “mixed at best”

Webmaster's Commentary: 

Q.E. was nothing more than a bailout for Wall Street on the backs of the American people who may the price for the inflation all this new money has created.

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