QE Did Not Work in the UK

This is a quarter you’re going to hear about Quantitative Easing.

I hate it.

It’s my belief the increased money supply will stay on the books of the banking industry to offset any potential commercial real estate downgrades they’ll be making in the future.

From the banks’ point of view, it makes perfect sense. For you and me, not so good.

How did QE work in Japan and the UK? Not well at all.

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