QE is good for asset holders as long as there is no inflation in wages to match asset bubbles. Gold standard tends to cause deflation, which is bad for debtors.

QE is good for asset holders as long as there is no inflation in wages to match asset bubbles. Gold standard tends to cause deflation, which is bad for debtors. I was talking about it from a inflationary perspective. QE didn't lead to inflation in the US example because of the way it was carried out.