Open Thread

Open discussion on anything you like (related to QE, of course). Feel free to suggest topics for discussion, comment on existing topics that don't have their own discussion area, and upload links.

Our current favourite topic is: "Is QE deflationary?". There is a separate discussion area for this topic.


  1. QE seems to have two key advantages that would make it irresistible to a politician. First it enables the central bank to provide significant amounts of liquidity to the banking system - there is no evidence that the QE funds have ever moved beyond the banks - under the guise of being a general economic stimulus. Two, crucially, to ensure continued access to cheap financing for deeply indebted governments. All the rest is PR.

    1. Nailed it! Helicopter drops are a much better idea and QE does not stop inflation as that is only affected by money circulated.