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Quantitative easing was not for banks. Also, the bailouts to which you refer were not free money, they were loans with low interest rates that have been paid ba
by pathseeker 8y ago
Quantitative easing was not for banks. Also, the bailouts to which you refer were not free money, they were loans with low interest rates that have been paid back.
The pensions don't have enough money so easy access to debt does nothing to help them solve that problem.
- omegaworks 8y ago>the bailouts to which you refer were not free money, they were loans with low interest rates that have been paid back. Any loan at an interest rate lower than the rate of return that can be earned by investing that money is essentially free money.