Henry Curr on the Myths and Uncomfortable Truths about QE
Macro Musings with David Beckworth
00:00
Do Interest Rates Matter More Than the Balance Sheet?
There's this division among even central bankers as to what c e actually does and accomplishes. There are also divisions among academics, journalists, people on the streets. We don't like uncomfortable truths, but we're ging to work our way through it anyways. But your first myth, myth one, quantitative easing, or cue, props up financial markets.
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