[quote=SD Realtor]Obviously Bush is behind all of this, even QE4, 5, 6 and 7![/quote]
I’m quite sure nobody has ever claimed that Bush is behind it. It’s as ridiculous a claim as that which charges this is Keynesian economics at work. It’s not. Keynes, at most, was agnostic on monetary manipulation as a means of economic stimulus.
I’m not so sure that it doesn’t benefit the economy as a whole, but there’s no question that the biggest beneficiaries are debt holders. That’s the big banks. Is there a better way to do the same thing or better for the economy as a whole without particularly benefitting the banking industry? I could be convinced, but I haven’t seen any ideas that meet the requirements.
