Friday, February 10, 2017

The Unintended & Deadly Societal Consequences Of Quantitative Easing


“As I look back, it now seems that, with all the thought and work and good intentions, which we provided, we achieved absolutely nothing… nothing that I did, and very little that old Ben [Strong of the Federal Reserve] did, internationally produced any good effect – or indeed any effect at all except that we collected money from a lot of poor devils and gave it over to the four winds.”


Lords of Finance: The Bankers Who Broke the World

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