“Fight Against Stupidity And Bureaucracy”
I know it isn’t quiz day today, but this is just a short post to ask one very pertinent question – one that deserves an answer.
Quantitative Easing ended on Wednesday past.
QE was the media tag given to the process whereby the US Federal Reserve has printed $3.6 trillion over the past few years.
The Bank of England did it in Britain too, and so did the European Central Bank for the European Union.
So where did all that money go?
I didn’t get any of it.
But it must have gone somewhere.
Someone must have got it.
So where is it now?
If you know the answer please do tell. I, and I am sure many other people, would be interested in the answer.