Mainstream Finally Admits QE was "Colossal Failure"
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Well, it looks like somebody at Bloomberg is going to lose their job. At least that is the way it looks to me when we see an article like this come out that says “it is now clear that QE was a colossal policy mistake”.
Considering all the garbage opinions that are put out on Bloomberg being a part of that mainstream media financial machine, trying to back up everything that the government and the central banks do, it was a shock to me to see this come out.
So, I would like to go through a few main points and just show you how much of a breath of fresh air it is to see some truth get put out there about central banks, quantitative easing, and the trillions of dollars of shenanigans that they have pulled over the last few years.
Timecodes
00:00 QE Considered a Colossal Mistake
00:46 Sponsor: iTrustCapital
02:53 Centrals Need to Retire QE
05:57 QE Distorting Risk Assessment
08:48 QE Propping Up Zombie Companies
09:28 Bond Traders Invest in Central Banks Future
10:23 QE Blurs the Lines Between Fiscal and Monetary Policy
11:23 What Rules Should Monetary Policy Follow
Article Referenced in Video:
https://www.bloomberg.com/opinion/articles/2022-11-22/fed-s-qe-was-a-colossal-monetary-policy-mistake
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