Quantitative Easing

The Lifeline of a Dying System

First, we print. Then, we pretend it’s temporary.

That’s the essence of Quantitative Easing (QE), the financial morphine that has kept the modern monetary system alive since 2008. It was sold as an emergency measure, deployed “just this once” to stabilize markets after the Great Financial Crisis. But like every government intervention, once the drug hit …