A video has been doing the rounds was called Quantitative Easing Explained. It can be viewed at Menzies House. It is absolutely wrong. It is false advertising. Many people believe it but they have been hoodwinked. Thankfully the truth is out there. You can watch the truth right here. This is the second time I have published this post – I am doing so to ease us into the topic of Quantitative Easing.
H/T: Mike Norman