[fredch]

What does QE have to do with anything? Also, if you think extending cheap financing to businesses during a financial collapse is wasteful you're a fool.

Pretty strange to be bitching about monetary policy then in the same breath praise pseudo-weaponized Keyensianism that doesn't even yield anything useful. Who do you work for, friend?

[rrggrr]

Not praising or protesting anything. Just an observation. QE or DOD-pork have utility provided there is a check against moral hazard. As nobody of consequence went to jail for creating the CDO crisis, and as nobody will do so for the F35 boondoggle... the hazard remains.