Gerald Epstein - The impact of QE on generating more lending by Wall Street to Main Street a

The impact of QE on generating more lending by Wall Street to Main Street and in generating more employment and increasing overall investment in the economy is quite modest. QE probably limited the initial collapse of the economy in 2008, and likely had a very small positive impact on economic growth, but its broader impact on jobs and growth in the economy seems not very big.

- Gerald Epstein

source: Source: www.truth-out.org

topic: Jobs, Wall, Impact