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.
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