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QE "works" because it keeps wealthy investors wealthy, and they're the ones funding campaigns and hiring people like Bernanke after they retire from government.
by viklove 7y ago
QE "works" because it keeps wealthy investors wealthy, and they're the ones funding campaigns and hiring people like Bernanke after they retire from government.
It works for the people making the decisions, and the people funding them, so you bet it's going to continue happening even if it means the American standard of living will continue to drop.