- In some corners, “money printing” is like the original sin, it’s blamed for all economic problems and language tends to go into overdrive.
- Closer inspection reveals that behind much of the strong language there is surprisingly weak economics.
- A cooler assessment reveals that QE is neither a miracle cure, nor the mother of all economic ills. Under some circumstances it is a mildly useful tool, during others it’s not.
Source: ‘QE Will Permanently Impair Living Standards For Generations To Come’ | Seeking Alpha