I totally agree that QE benefits disproportionately the wealthy, and even actually takes from the poor to give to the wealthy, and there is very little someone who barely earns a living can do to hedge against that. That's entirely true. I was just reacting to your sentence "the ultra-rich get access to the Quantitative Easing (QE)" that seemed to imply that they had directly access to the funds, and clarifying that the way the ultra-rich benefit is indirect. Of course that doesn't make it any less outrageous.
You are viewing a single comment's thread from:
Thanks for the critical review. I've clarified it accordingly.