Muddling myths on QE

by Ann Pettifor 9th March, 2009
David Williams writes helpfully in response to the blog below on QE: “Thanks for your recent explanation of the meaning and impact of Quantitative Easing, which I found really useful. But I think it contains a statement that means the exact opposite of what you want it to mean.
You wrote, “The second myth to dispel is that QE is not about ‘printing money’. “ Surely the widespread myth that you want to dispel is that QE is about printing money. Unless I’ve understood even less than I usually do!”
David, I am grateful to you. You are quite right. The myth that I am trying to dispel is that QE is about printing money.  It is not.

Posted by Ann on 9th March 2009, 06:32pm
Filed under: Uncategorized

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One Response to “Muddling myths on QE”

Perhaps you should edit the original item to remove the word NOT, so readers only seeing that item will not be confused.

Comment By BrentB on March 14th, 2009 at 11:55 pm

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