Accounts Quote by Gerald Epstein

Initially, QE contributed to a pretty significant increase in inequality. It raised asset prices, which are owned primarily by the wealthy, while having relatively…

— Gerald Epstein

Here's the interesting thing: the fact that QE and lowering interest rates almost to zero has worsened inequality, does not mean that raising interest…

— Gerald Epstein

The Fed cannot reduce inequality on its own; far from it. This requires a concerted effort by the government, broadly speaking, to support a…

— Gerald Epstein

The impact of QE on generating more lending by Wall Street to Main Street and in generating more employment and increasing overall investment in…

— Gerald Epstein

Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market…

— Peter Schiff

Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender?…

— Jeffrey Gundlach

Rising inequality can create a more highly leveraged economy, and it can then make the economy vulnerable to a crash like 2008.

— Adair Turner, Baron Turner of Ecchinswell

Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up,…

— Robert Kiyosaki

The Fed contributed to the financial crisis, keeping interest rates too low for too long. I give them credit for responding and stabilizing the…

— Kevin Brady

Increases in interest rates normally worsen inequality, at least partly by reducing employment and wage growth.

— Gerald Epstein

The extent of and continuing increase in inequality in the United States greatly concern me.

— Janet Yellen

The recent trading environment has felt something like walking into a place and having a sense that something is wrong and dangerous but not…

— Paul Singer