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

Michael Mattie  Author Of The Global Addiction To QE [Part Two]

See 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...