“Q.E. Infinity” ?

January 23, 2015

Brendan Brown  in the book Euro Crash …about his theme “Q.E. infinity” links Bernanke, former chairman of the federal reserve and Draghi former “ …vice chairman and managing director of Goldman Sachs International and a member of the firm-wide management committee (2002–2005)” as patrons of  “Q.E. infinity”. One might therefore imagine that Draghi’s announcement that Europe will belatedly begin a Q.E. program as the instalment that places the final global investors’ rock in place to keep money in the hands of the qualified “money changers”, regardless of what Draghi’s former company, Goldman Sachs, might say.

…“I am not sure this is a game changer,” Gary D. Cohn, the president of Goldman Sachs, said at the World Economic Forum in Davos, Switzerland. “Monetary policy in itself is one ingredient, not the ultimate solution.”