Steve Keen Explains why Quantative Easing is not Inflationary and can’t simply be Considered Money Printing.

The actual title is ” Peter Schiff Thinks QE Is Money Printing Into Circulation! LOL! Steve Keen explains.”

I’m not sure why Peter Schiff rates a mention in the title. QE = Money Printing = Inflation  is the simplistic conventional wisdom. It’s what we hear all the time in the media.

You might want to skip to 2mins 30 secs. You’ll probably have heard enough of  the usual nonsense about QE already!

Steve Keen gives a more intelligent analysis than anything you’ll see in the MSM. Even the BBC don’t get this right.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s