Comments by "Edward McLaughlin" (@edwardmclaughlin7935) on "Understanding QE" video.

£895 billion, injected into the currency pool, diluting every prior-existing £. So my wages in 2008 and any savings I had, were reduced in buying power by this action; and the money-printing goes on to this day. The stealthiest tax ever devised.
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@foxmoongaze Indeed. The increases in productivity have, in some economies at various times, arisen from QE, through the simple act of targeted lending - only to fund projects that look likely to make a worthwhile return. This is best explained by the man who actually coined the term "Quantitative Easing" - Professor Richard Werner - and who first proposed its application in 90s Japan.
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