NOV 3, 2017
ORIGINAL SOURCE: QE’s Untold Story by Daniel Nevins of realinvestmentadvice.com on 11/2/17
The folks over at Real Investment Advice have done an incredible job uncovering the smoke and mirror usual tactics done by the Fed to paper over the aftermath of the banking crises.
Excerpt; By netting all lending by banks and broker-dealers and then comparing it to the Fed’s lending, we stumbled upon a chart that seemed to show exactly what QE does or doesn’t do. But “doesn’t,” not “does,” was the story, and it couldn’t have been clearer.
Please see the rest here; QE’s Untold Story