As opposed to the people who are wrong and don't admit it: > We believe the Federal Reserve's large-scale asset purchase plan (so-called "quantitative easing")

As opposed to the people who are wrong and don't admit it: > We believe the Federal Reserve's large-scale asset purchase plan (so-called "quantitative easing") should be reconsidered and discontinued. We do not believe such a plan is necessary or advisable under current circumstances. The planned asset purchases risk currency debasement and inflation, and we do not think they will achieve the Fed's objective of promoting employment. * https://economics21.org/html/open-letter-ben-bernanke-287.html https://economics21.org/html/open-letter-ben-bernanke-287.ht... As Paul Samuelson, an important 20C economist, said: > Well when events change, I change my mind. What do you do? * https://quoteinvestigator.com/2011/07/22/keynes-change-mind/ https://quoteinvestigator.com/2011/07/22/keynes-change-mind/