[quote=martink110]
Pamphlet indicates nothing bad can happen from quantitative easing.
[/quote]

Pamphlet lies. Something bad is already happening due to QE. Supposedly, the latest trend on Wall Street is for companies to issue debt in order to buy back their shares. They can do this because QE has pushed interest rates to near zero.

So companies like IBM with $10 billion in the bank are actually selling bonds and using the money to buy back their shares. Such a practice is not likely to end well and also helps to further explain why the stock market has become totally divorced from the economy.