quote:
QE refers to Quantatative Easing, which is a euphimism for monetizing the debt. Barrons explains what the Fed does and why it is risky.
More importantly Quantitative Easing is an alternative to
reducing interest rates when there’s no room to cut them.
In your last post you assert that the trouble is that there’s no room to
increase interest rates.
These are contradictory. The Fed can’t desperately need to reduce interest rates AND increase them.
You wanted to know why Percy says that you are delusional! There’s a reason right there.
It looks to me as if you have your doom scenario in mind and “see” it everywhere - even in sources that contradict it. That sounds pretty delusional to me.