So more big Fed cash floods into the market?
Back during QE2 you had partisan hack Krugman rationalizing it all (though QE had little to do with his Keynesian philosophy). Guys like Bob Murphy were saying, “Yep, this is it, get ready for the inflation.” And then it didn’t come. And yet, all this market interventionism, aren’t there consequences. I mean, does money actually in fact grow on trees? read more…











