General discussion
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Topic
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Quantitative Easing not a good cure
Locked(1) QE benefits mostly financial institutions, bankers, fund operators or capitalists only, just little flows to the general public economically.
(2) ultra-low interest lending implies lessened sense of financial responsibility, causing overborrowing, deeper indebtedness, higher chances of bad debts, need for overwork to repay; and owing is not a decent should-have drive for earning.
(3) Mid-class being major taxer payers and shouldering most social welfare have to enjoy rebate in form of governmental mortgage aids, guarantees or home improvement subsidies i.e. living a bit better has become a necessity today.
(4) Assisting new home acquisition/home improvement programs can faster and more directly foster construction/infrastructural sector, peripheral manufacturing and consumer market. Plus they will activate financial and banking industry without resorting to QE’s money play that indirectly benefits the needy majority in an untimely manner.
(5) QEs have been actively taking unreasonable and unfair advantages from other countries’ markets and somehow an immoral conduct.