A solution to national debt could be achieved through quanitative easing, a way for new money to be injected into the economy, writes Ellen Brown.
A HUGE CHANGE has quietly taken place in the halls of the U.S. money creation system. Quantitative easing (QE) has become the new norm. QE was supposed to be an emergency measure. The U.S. Federal Reserve pumped out trillions of dollars in new bank reserves after the 2008-09 credit crisis. Bernie Sanders revealed 17 trillion dollars was handed to the big banks over the 2008-10 period to self-administer. Most of that did not filter down to local communities and jobs.
It was expected that quantitative tightening would follow, slowly withdrawing the subsidy to the already super-wealthy at the …
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