Interview With Michael Mattie Author Of The Global Addiction To QE [Part One]

Since the Great Recession, the Federal Reserve has taken the most extraordinary actions in its 102-year history by keeping its key interest rate near zero percent for seven years while creating $3.6 trillion in bank reserves. This initiative, dubbed Quantitative Easing or QE, has become the most important Fed policy of our generation and is the topic of a new book titled ‘The Global Addiction to QE’ by Michael Mattie.

As a reminder, Quantitative Easing, or QE, is action the Federal Reserve takes to stimulate a struggling economy. It can take the form of reduced interest rates or asset purchases with “money” the Fed creates.

Michael Mattie isn’t the first author to take on the subject of QE and its implications...