Charting the Course of the Global Economy
Real Vision: Finance & Investing
00:00
Quantitative Easing and the Private Sector
The market is really not going to be an exchange for what was essentially a savings account. So quantitative easing and these types of balance sheet expansions, whether they're effective at all for a private sector. And so what's your view? Do you think that these things are only ineffective inside of a balance sheet recession? Would you argue that the financial crisis period exposed sort of the reality potentially that monetary policy just isn't as powerful?"
Play episode from 20:31
Transcript
