
#56: Joseph Wang On How The Fed Forever Altered The Investing Landscape
Superinvestors and the Art of Worldly Wisdom
The Negative Wealth Effect of Quantitative Easing
Quantitative easing pushed those asset prices higher. Maybe you would take some of those gains and spend them on goods and services, he says. Fed policy takes asset prices into account more so since the financial crisis than they did in the past.
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