Calling all armchair & real economists:

What are your thoughts on quantitative easing and the state of the US Dollar?


@alec It feels quite inexplicable how things aren't more different, e.g. massive inflation, or some fundamentally different concept of currency. Before QE, the idea that the value of a dollar = roughly the value of the economy/wealth divided by number of dollars seemed reasonable. Now it feels obviously naive.

@alec Further, I find it inexplicable how NOT often QE is referenced as either (a) a major contributor to wealth inequality, or (b) a massive expansion of "trickle down economics." Tax cuts get huge headlines and hand wringing, meanwhile...

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