Quantitative easing is not what you think it is. Yes, QE plus low interest rates inflate the value of risk assets like equities and real estate. However, the a

Quantitative easing is not what you think it is. Yes, QE plus low interest rates inflate the value of risk assets like equities and real estate. However, the alternative was stagnation and high unemployment and low growth for decades. Does it suck for the generation stuck in the middle who hasn't accumulated enough to own any risk assets? Yes. However it's better than the alternative.