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.