>QE is a form of negative interest rates Incorrect. This kind of thinking is what gets central banks throwing money at problems, expecting results, and seeing

>QE is a form of negative interest rates Incorrect. This kind of thinking is what gets central banks throwing money at problems, expecting results, and seeing none. QE is literally buying bonds. QE is fiscal policy; rate increases/decreases are monetary policies. Didn't read the rest of your post. I'm sure you have a point. But the above misconception is troublesome and dangerous if pushed upward into policy.