The list of credible people who believe QE will do absolutely nothing is growing by the day. Unfortunately, this bank bailout is going to be passed off as some sort of Main Street stimulant and the system will continue along its misguided pathway.
James Galbraith sat down with Tom Keene this morning to discuss the illusion of QE2:
Source: Bloomberg TV
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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