Quantitative Easing

[d000hg]

If you want to see the results of quantitative easing just study the recent economic performance of Zimbabwe.

I think they maybe approached it a bit more thoughtlessly, and to a greater extent, after all they were screwed (properly screwed not house-prices falling screwed) already. Germany's the other classic example but they also were in an extremely dire straits.

Maybe a limited QE can only result in limited cockups ... isn't the problem when they accelerate the process to try and pay off problems from the first batch?

 

[M_B]

It worked for Japan.

....well........ it didn't lead to inflation because they were stuck in deflation. Bailing out the banks is what worked for Japan.