After 6 Years Of QE, And A $4.5 Trillion Balance Sheet, St. Louis Fed Admits QE Was A Mistake

Wednesday, August 19, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
08/19/2015

“Evidence in support of Bernanke’s view of the channels through which QE works is at best mixed. There is no work, to my knowledge, that establishes a link from QE to the ultimate goals of the Fed inflation and real economic activity. Indeed, casual evidence suggests that QE has been ineffective in increasing inflation.”

The Rest…HERE

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