Hear, hear!

Truth falls on deaf ears. Sad. WE need hundreds of him saying this message.

He's essentially drawing the distinction between Keynesian economics and the Austrian school of economics... A debate that's been going on for a hundred years.

*Quality argument.

Boosting this quality contribution up in the Hot Listing - declared quality by notarobot.

Quantitative easing is a good thing and much more controversial among politicians than it is among economists.

http://www.washingtonpost.com/blogs/wonkblog/wp/2012/09/13/qe3-what-is-quantitative-easing-and-will-it-help-the-economy/

Hundreds dont matter, if they come from the wrong side. AKA powerless, poor, minorities.

I'd say only a bad economist would think quantitative easing is, indiscriminately, a good thing.

A bad economist is someone who disregards the long term consequences of an economic act or policy, or who only considers the effects on one group of people, and not of every group involved or affected.

There's a lot of incentive for perpetuating bad economics, it justifies policies that benefit a group of people at the expense of another, or one generation at the expense of the next.

Keynes summed it up best himself, "In the long run, we are all dead", which I think is a truly sad and insightful admission of how bad an economist he really was.

Hard to disagree with such a substantive argument.

There are plenty of people who understand the scam of the banking system, you should look into the Austrian School of economics.