Wednesday, November 13, 2013

Andrew Huszar: Confessions of a Quantitative Easer - WSJ.com

The banks were only issuing fewer and fewer loans. More insidiously, whatever credit they were extending wasn't getting much cheaper. QE may have been driving down the wholesale cost for banks to make loans, but Wall Street was pocketing most of the extra cash.

Andrew Huszar: Confessions of a Quantitative Easer - WSJ.com

No comments:

Post a Comment