10-08-2016, 09:01 PM
(This post was last modified: 10-08-2016, 09:03 PM by Ragnarök_62.)
(10-04-2016, 10:14 AM)pbrower2a Wrote: How long can QE work?
Free money to lenders from central banks have made personal thrift irrelevant as a source of capital. Debt has become more profitable to lenders than thrift. QE saved the banks, but it has also promoted subprime lending. It has also encouraged employers to underpay workers so that workers can be deeply in debt and thus more under employers' thumbs.
All that is missing is the Company Store.
and
X_4AD_8 Wrote:QE is killing the banks.
Eric thinks QE is awesome.
Rags thinks QE is stupid.
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