Comments on: Talking QE2 on PBS’ NewsHour Sun, 28 Jul 2013 14:34:09 +0000 hourly 1 By: saucymugwump Wed, 10 Nov 2010 19:31:30 +0000 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.