Is Quantitative Easing Just For The Rich? – Poll

Is Quantitative Easing Just For The Rich?

Is QE Just For the Rich?


“We’ve made rich people richer…,” “The question is what have we done for working men and women in America?” “QE was a massive gift intended to boost wealth”

Dallas Federal Reserve President, Richard Fisher


“You know, a lot of people say, this is just helping rich people. But it’s not true. Our policy is aimed at holding down long-term interest rates, which supports the recovery by encouraging spending. And part of it comes through higher house and stock prices, which causes people with homes and stocks to spend more, which causes jobs to be created throughout the economy and income to go up throughout the economy.”

Janet Yellen, the newly appointed head of the Federal Reserve defending its quantitative easing program

What do you think?

Is the Federal Reserve’s multi-year/multi-trillion dollar quantitative easing money printing scheme just for the rich?

Take the poll:

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Further Reading:

Five Long Years in the Fed’s Potemkin QE village

To Continue or Not To Continue Tapering – Fed Presidents Muse

For Fed Presidents Hope Springs Eternal in the Spring

Fed Presidents Continue to Talk Taper

Janet Yellen and Negative Interest Rates

Janet Yellen and The Precious Printing Press

What’s Next For the Fed?

Smaulgld blog posts tagged “no fed exit” and “fed exit strategy

More Taper Talk From the Fed Presidents

The Dark Side of Artificially Low Interest Rates

Market Drop Won’t Impact Fed’s Taper Decision

Fisher: The Fed Needs to Get off the Monetary Cocaine

The Fed Starts Talking About its Decision to Taper QE

Royal Canadian Mint

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