QE for people, not Financial Markets -- You need to be Fed Up with The Fed !! The Federal Reserve System has taken the most extraordinary actions in its 102-year history since the 2007 - 2009 Great Recession, maintaining a key interest rate near zero-percent for seven years while creating $3.6 trillion in bank reserves. This initiative, dubbed Quantitative Easing or QE, has become the most important Fed policy of our generation.
Quantitative Easing is largely responsible for the dramatic increase in stock prices since the Great Recession. The US and other nations have become addicted to QE as they attempt to avoid another drastic fall inequities.
Welcome to The Atlantis Report.
This idea, known as QE for People, is gaining support among economists. QE for People would do much more to sustainably boost the productive economy, reduce inequality instead of increasing it, and provide us with the investment we need.
People's Quantitative Easing is a policy that was first proposed by the socialist Jeremy Corbyn. The idea is that the Bank of England should create money to fund government investment. The idea has been highly criticized, and some called it "economically illiterate". The idea has been used on Bernie Sanders's website and endorsed by Yanis Varoufakis.
In the UK, the Labour Party has proposed a “People’s QE,” whereby the central bank would print money to finance direct fiscal transfers to households – rather than to bankers and investors.'
There's a world of difference between, on the one hand, 'printing' money and giving it to households, and, on the other hand, using it to finance investment, especially in public infrastructure. With the latter, if there is a crash, at least we emerge from it with a more solid basis for sustainable recovery and growth. We might do a little damage, but at least we have something to show for it - unlike the current, failed, vogue for Quantitative Easing. The case for a National Investment Bank is unanswerable.
In the wake of the 2008 financial crisis, central banks created trillions of dollars of new money, and poured it into financial markets. Central banks have become the go-to institution of modern economies. They injected trillions of dollars of liquidity – through a process known as quantitative easing – first to prevent financial meltdown and later to stimulate the economy. The untold story behind these measures, and behind the changing roles of central banks generally, is that they have come at a considerable cost.
‘Quantitative Easing’ (QE) was supposed to prevent deflation and restore economic growth.
For the full transcript go to
to subscribe click here :
Thank you to all my loyal fans i love each and everyone one of you Please **like and subscribe**
#BankRuns #EconomicCollapse2020 #economiccollapse #gold #silver #financialtimes #economiccollapse2019 #financialcrisis2019
Economic Collapse 2019 - Stock Market Crash , economic collapse news.
Special thanks to my youtube friends , they inspired me to finally start my own channel :
X22 Report ,Greg Mannarino ,The money GPS, SGTreport ,DAHBOO77,Epic Economist, VisualPolitik,The Caspian Report,The Corbett Report,Greg Hunter
USAWatchdog ,Future Money Trends ,Rick Rule,SilverDoctors,Jim Willie,Bill Holter,Bo Polny,Bix Weir,RoadToRoota,Kyle Bass,Realist News,Rob Kirby,Reluctant Preppers,The Next Newss,Maneco64,Mike Maloney,Gold Silver,Eric Sprott,Jim Rickards,David Morgan,Peter Schiff,Max Keiser,Robert Kiyosaki
.
Follow us on Facebook :
and on twitter :
Support the channel by clicking here before you start shopping on Amazon: (heck, even bookmark it for future use if you're feeling extra generous).
recommended economic and financial books :
Destined for War: Can America and China Escape Thucydides's Trap?
How an Economy Grows and Why It Crashes by Peter Schiff :
Bitcoin: The End Of Money As We Know It
The Death of Money: The Coming Collapse of the International Monetary System
COPYRIGHT DISCLAIMER:
Under section 107 of the Copyright Act of 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research.
This presentation contains images that were used under a Creative Commons License. Click here to see the full list of images and attributions:
0 Comments