The 2% Mystery: Why Has QE3 Been Such a Bust

[Midpack]

QE hits the wall? Now what?

The 2% Mystery: Why Has QE3 Been Such a Bust? - Matthew O'Brien - The Atlantic

 

[ejman]

Maybe we'll just roll along sort of like Japan for the next 20 years or so? Governments know how to create inflation it's just not politically possible in a democracy to do so and survive. It would be simple enough for the federal reserve to wire $25K of electronic money to each bank account in the country - result - instant inflation (just an electronic update to Bernacke's "helicopter"