Not surprising to see a libertarian-oriented site refer to QE as "money printing". It's not. Monetary policy doesn't increase the net financial assets available in an economy; that's only achieved by fiscal deficit spending. QE is just an asset swap (reserves for tsy's)--it's shifting the yield curve, but not adding anything new.
I've heard people say that the Fed is deliberately creating inflation in order to sabotage the American and global economy. This makes it easier to consolidate real estate and business assets, so it is beneficial to the wealthiest individuals and companies.<p>But I'm sure I'm just latching onto a simplified explanation because I am too ignorant and stupid to comprehend the complexities of "economic science".
opposite opinion to the submitted article: <a href="http://www.calculatedriskblog.com/2012/09/analysis-bernanke-delivered.html" rel="nofollow">http://www.calculatedriskblog.com/2012/09/analysis-bernanke-...</a>