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Does QE help the poor as well as the rich?
Season 1
Episode 64
Published 8 years, 10 months ago
Description
The US Federal Reserve is getting rid of it, the European Central Bank has talked about it and could go next. Quantitative Easing, it seems, is falling out of favour. But was it doing any good any way? In this podcast Phil Dobbie asks Professor Steve Keen whether QE helps the broader economy or just the financial elites? Vitor Constancio, the Vice President of the European Central Bank has said that QE reduces inequality because it creates jobs for low income workers. Is he right?
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