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by solotronics 3683 days ago
What happens is QE is used in a top down fashion to infuse the market with capital. Basically the opposite of a living wage. Its happening now on a large scale ie. Japan and the US.
1 comments

QE benefits everyone who borrows money for anything. We bought a house with a 3.1 rate, something that would have been unheard of in generations past. Same with rates for auto and every other type of loan.
Doesn't benefit me a lot, five years behind you trying to buy an identical home for 30% more borrowed money.
Doesn't do much for savings accounts.