To add to this, it is very hard to argue that QE has not been good for those who are rich and have bought and held financial assets over the last 7 years or so.

To add to this, it is very hard to argue that QE has not been good for those who are rich and have bought and held financial assets over the last 7 years or so. It is harder to say whether it has been beneficial for average individuals.. on the one hand, they can borrow at much lower rates, but on the other hand, certain asset prices have skyrocketed. We also need to consider the number of companies that have been able to keep employees on the payroll due to being able to finance debt at lower rates when the economy was doing poorly... in general, QE was good for everyone in the short term. The better question is, who does it hurt in the long term.