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As the 2008 financial crisis ravaged economies, central banks feared a return to the 1930s. To prevent this, they created trillions of dollars of new money, and poured it into financial markets. ‘Quantitative Easing’ (QE) was supposed to prevent deflation and restore economic growth. But the money didn’t go to the people who had lost their jobs and their homes. It went to the rich, who didn’t need it.
The Case For People's Quantitative Easing [Book]
Read Other People's Money and How The Bankers Use It by Louis D. Brandeis available from Rakuten Kobo. Louis D. Brandeis was a Supreme Court Justice
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