Keynesianism Gone Wild: Is John Maynard Keynes turning in his grave?
Repost from Sunday, May 1, 2011 To fight the recession that began in 2008, the Fed cut interest rates to 0.25% to stimulate the economy. This rate change did little, so “Quantitative Easing” began. The definition of QE is: “The practice of increasing the supply of money in order to stimulate economic activity “, aka printing money. Currently [...]

