Former Fed Officials on Quantitative Easing: “A Feast for Wall Street”, “Legalized Bank Robbery” and “High Grade Monetary Heroin”

Andrew Huszar is a former Fed official. In 2009 and 2010, he managed its $1.25 trillion mortgaged-backed security purchase program. He’s a former Morgan Stanley managing director. He’s currently a Rutgers Business School senior fellow. He’s a QE confessor. He witnessed Bernanke’s scam up close and personal. It benefits Wall Street. It ignores Main Street. … Continue reading Former Fed Officials on Quantitative Easing: “A Feast for Wall Street”, “Legalized Bank Robbery” and “High Grade Monetary Heroin”