@180a6d42c7d64f8c3958d9d10dd5a4117eaaacea8e7f980781e9a53136cf5693

QE (the expansion of mentally supply) essentially took place via the creation of credit by Govts. In the sense that we vote for Govts it was done in our name as a way of dealing with the crisis of liquid brought on by the #finanicalcrisis, but the method chosen actually inflated asset prices & largely benefited owners of capital - not necessarily a mistake, of course

#ElizabethWarren Is Right: #JeromePowell Must Go
The senator is demanding that the #Fed chair step down after the #SiliconValleyBank #debacle. She’s right to do so. https://proxy.metager.de/www.thenation.com/article/politics/elizabeth-warren-jerome-powell-fed #FinanicalCrisis #SystemicRisk #FDIC #FinancialStability #FederalReserve https://proxy.metager.de/www.thenation.com/article/politics/elizabeth-warren-jerome-powell-fed?