How the Fed is choking on loans – The Wall Street Journal

How the Fed is choking on loans – The Wall Street Journal

Dear Jerome Powell: End quantitative easing now. The Japanese attempted QE in 2001, buying government debt, mortgage debt and even stocks. It did not work. The Federal Reserve has tried four times since Lehman Brothers went bankrupt in 2008. QE doesn’t work and instead of keeping markets stable it creates instability. The Fed oversees and […]
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