© 2024 Blaze Media LLC. All rights reserved.

QE2 in 2 sentences

Thank you Daivd Einhorn:

"The goal of quantitative easing right now is to raise the inflation rate. If you do raise the price of clothing, it effectively lowers everybody’s standard of living and gives them less money to buy other things.”

Wow, that's simple. Easy to understand. But yet so lost on Bernanke.

Want to leave a tip?

We answer to you. Help keep our content free of advertisers and big tech censorship by leaving a tip today.
Want to join the conversation?
Already a subscriber?