Andrew Huszar was a former Federal Reserve official and was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The Fed keeps claiming that QE has helped Main Street. But Andrew knows better. In reality it is the greatest backdoor Wall Street bailout of all time. He helps clear up a number of misconceptions about the program and proposes some other solutions, albeit long term, that would actually help the United States get its groove back. The odds of them being adopt, however, are slim.
Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.