2min chapter

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The Father Of Quantitative Easing - Richard Werner | PBD Podcast | Ep. 161

PBD Podcast

CHAPTER

Is the Central Bank Retired?

The U.S. central bank is writing off non-performing assets on its balance sheet, allowing it to avoid paying interest and other costs of owning the asset. The idea that students will be able to pay back their student loans in a few years isn't realistic for many Americans who are still struggling with debts they can't repay. "I think what you need Excuse me I think the point we're missing here and you need to help us," says CNN's Tom Foreman.

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