The cost of QE – a global populist revolution

The cost of QE – a global populist revolution

It has taken eight years to manifest, but we can finally identify the true cost of Quantitative Easing. A bit too early to call it a New World Order. But without doubt the developed world is witnessing a populist revolution.
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By Alec Hogg

It has taken eight years to manifest, but we can finally identify the true cost of Quantitative Easing. A bit too early to call it a New World Order. But without doubt the developed world is witnessing a populist revolution.

To recap, developed nations reacted to the Global Financial Crisis by turning on their printing presses, creating money at a rate unmatched since the Weimar Republic. At the outset many fretted about the consequences. Rational thought says it is impossible to create value out of nothing.

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