Talking QE2 on PBS’ NewsHour

November 10, 2010

Chrystia discusses the Fed’s recent decision to launch a new round of quantitative easing on the PBS NewsHour:

You can read the transcript here.

Posted by Peter Rudegeair.

One comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see

On the NewsHour, Freeland said: “And I think the problem is, when the Fed acts as it does, printing more money, it’s a rich-get-richer phenomenon. This is going to be great for the banks. It’s going to be great for people whose personal finances are strong enough that they can re-mortgage — refinance their mortgages. But it’s not so great for the people who are in trouble.”

Freeland hit the nail on the head: Bernanke’s $600 billion largesse is yet another gift to the wealthy.

Posted by saucymugwump | Report as abusive